JSW Steel has reported highest ever quarterly crude steel production at 3.87 million tonnes (up by 14 percent YoY) and saleable steel sales at 3.34 million tonnes (up 8 percent).
The company had reported 11.20 lakh tonne of crude steel production in January 2015.
JSW Steel today said it will operate its steel units in Karnataka's Vijayanagar district and Tamil Nadu's Salem at around 80 per cent of their design capacity of 11 million tonnes per annum due to a shortage of iron ore.
JSW Steel Monday posted 32% rise in fourth-quarter net sales to Rs 7,209.35 crore on back of robust domestic demand and continuous focus on retail sales, but higher total expenditure saw the company's bottom line rising at a less-than-proportional pace.