OREANDA-NEWS. July 31, 2012. JSW Steel Limited reported highest ever quarterly production of Crude Steel of 2.143 million tons. Production volume grew by 27% in crude steel, 36% in rolled flat products and 27% in rolled long products relative to that of corresponding quarter of previous year.

The Company achieved a growth of 23% in sales volume and 28% in Net sales value, compared to that of corresponding quarter of the previous year.

The key performance highlights are as under:

 

Q1 FY 13 Vs Q1 FY 12

Volume growth (Crude Steel production )

27%

Saleable Steel Sold

: 23%

Net sales

28%

Operating EBIDTA

24%

Profit after tax

Rs. 269 crs

Net Total Debt gearing (Standalone)

0.75

Net Total Debt gearing (Consolidated)

1.09

Operational Performance:

The Break-up of sales and production volumes are as under:

 

(Million tons)

 

Products

Q1 FY 13

Q1 FY 12

Growth

Production: Crude Steel

2.143

1.684

27%

Sales : - Semis

0.054

0.139

-61%

- Rolled: Flat

1.672

1.283

30%

- Rolled: Long

0.383

0.292

31%

Total Saleable Steel

2.109

1.714

23%