Sales of Jindal Steel and Power Ltd (JSPL) went up by 42 per cent in the last quarter to Rs
5,465.26 crore vis-a-vis Rs 3,848.12 crore of the Q4 of FY'11.
“There was an all round rise in (iron ore) pellet,
steel products and power, both for sales and production,” said JSPL Chief
Financial Officer Sushil Maroo.
During the quarter, company's steel production went up by 23 per cent, while
pellet production increased 24 per cent and power production was up 42 per
cent, he said.
Moreover, all the three products also reported significant increase in sales,
with pellet sales registering over 200 percent growth.
However, JSPL's raw material cost during January-March period increased by
about 79 per cent to Rs 1,888.13 crore.
For the full year 2011-12, the net sales of the company were up 38.87 per cent
to Rs 18,151.41 crore.
Source:
The Economic Times
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