India: JSPL posts highest ever quarterly profit in Q4 FY ’21

During Q4 FY ’21, JSPL Standalone reported highest ever steel production volumes (incl. pig iron) at 2.07 mn t (up 35% y-o-y) and sales of 1.91 mn t (up 37% y-o-y). Lucrative export markets incentivized the company to raise its share of exports to 27% in Q4 FY ’21 (vs. 21% in Q3 FY ’21). Rising steel prices, improved mix and higher volumes helped JSPL standalone report a record EBITDA of INR 4,884 cr and highest ever quarterly profit of INR 3,426 cr.


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