Quarterly Result2 Jan 2025, 08:30 pm
JTL Industries Reports Highest Ever 9M Sales Volume, Up 14.3% YoY
AI Summary
JTL Industries Limited, a fast-growing dynamic steel tube manufacturing company, has reported its business performance for Q3 FY25. The company recorded a total sales volume of 97,488 MT in Q3FY25, including Nabha Steel volumes. The highest ever nine-month sales volume (ex-Nabha Steels) stands at 263,805 MT, a 14.3% YoY increase. Value-added products contributed 21% to the total sales volume for Q3 FY25. Nine-month export volume for FY 25 is 25,417 MT, contributing approximately 10% to total sales. Nabha Steels, acquired in 2024, has demonstrated a healthy performance with year-to-date volumes totaling 33,277 MT.
Key Highlights
- JTL Industries records highest ever 9M sales volume at 297,082 MT, 14.3% up YoY
- Value-added products contributed 21% to the total sales volume for Q3 FY25
- Nine-month export volume for FY 25 is 25,417 MT, contributing approximately 10% to total sales
- Nabha Steels, acquired in 2024, has demonstrated a healthy performance with year-to-date volumes totaling 33,277 MT
- JTL maintains an optimistic outlook for the sector as India continues to witness strong demand for structural steel