JSW STEEL
Steel

JSW STEEL

<span style="font-weight: bold;">Net sales (standalone) FY17-18: Rs.637.87 billion<br /> Employee strength: 11,619</span><br /> <br /> JSW Steel is India's leading integrated manufacturer of carbon steel products, with an export presence in over 100 countries across five continents. It has expanded its steelmaking capacity in India, from 1.6 mtpa in 2002 to an installed crude steel capacity of 18.0 mtpa in 2016, through organic and inorganic growth strategies. Its current operations in India comprise 12.50 mtpa (around 70 per cent of capacity) of flat products and 5.50 mtpa (around 30 per cent) of long products. Despite lack of global momentum in FY2017, uninspiring demand growth in India and a liquidity crunch following demonetisation, JSW Steel reported a strong performance - an outcome of its strategies validating its 'will to win'. In FY2018, crude steel production was 16.27 mt and it scored high on conversion costs and yields, capacity expansion, location in high-growth markets and labour costs. Standing ahead of other Indian steelmakers, JSW Steel posted a consolidated topline of Rs 716.7 billion for FY2018 (FY2017: Rs 606.88 billion), while PAT was Rs 61.13 billion as against a loss of Rs 34.67 billion in FY2017.

<span style="font-weight: bold;">Net sales (standalone) FY17-18: Rs.637.87 billion<br /> Employee strength: 11,619</span><br /> <br /> JSW Steel is India's leading integrated manufacturer of carbon steel products, with an export presence in over 100 countries across five continents. It has expanded its steelmaking capacity in India, from 1.6 mtpa in 2002 to an installed crude steel capacity of 18.0 mtpa in 2016, through organic and inorganic growth strategies. Its current operations in India comprise 12.50 mtpa (around 70 per cent of capacity) of flat products and 5.50 mtpa (around 30 per cent) of long products. Despite lack of global momentum in FY2017, uninspiring demand growth in India and a liquidity crunch following demonetisation, JSW Steel reported a strong performance - an outcome of its strategies validating its 'will to win'. In FY2018, crude steel production was 16.27 mt and it scored high on conversion costs and yields, capacity expansion, location in high-growth markets and labour costs. Standing ahead of other Indian steelmakers, JSW Steel posted a consolidated topline of Rs 716.7 billion for FY2018 (FY2017: Rs 606.88 billion), while PAT was Rs 61.13 billion as against a loss of Rs 34.67 billion in FY2017.

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