JTL INDUSTRIES LIMITED — Important, 02-01-2025: Updates
JTL Industries reported record sales volume of 297,082 MT for the first nine months of FY25, marking a 14.3% year-on-year increase. In Q3 FY25, total sales volume reached 97,488 MT, with significant contributions from value-added products at 21% of total sales. The company's export volume for the nine-month period reached 25,417 MT, doubling its share of total sales to 10% compared to the previous year. Nabha Steels, acquired in April 2024, contributed 33,277 MT to this volume, highlighting its operational success.
Management expressed optimism regarding future demand for structural steel, bolstered by government infrastructure initiatives. With a positive outlook and anticipation of new projects following upcoming budget announcements, JTL aims to enhance its market reach and operational performance. Expecting ongoing growth, the company remains committed to innovation and stakeholder value.
