India: KIOCL clocks pellet production at 0.6 mn t in Q1FY’22

South India-based state-run KIOCL has released its pellet production and dispatch figures for Q1FY’22.

• Production was recorded at 603,000 t.
• Total dispatches stood at 631,000 t.
• Net profit jumped significantly by 1,696% to INR 215.92 crore.

KIOCL operates a 3.5 mn t/year pellet plant in Mangalore, Karnataka.