India: Prakash Industries records highest ever sponge iron production in FY20

Prakash Industries Limited has released its FY20 financial results. The company achieved a Net Sales of INR 2,974 crores and an EBITDA of INR 356 crores. The company has achieved record iron ore production of 0.82 mn t, with expansion in steel melting shop capacity to 1.17 mn t. The company has also commenced the captive iron ore mining operations.


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