OREANDA-NEWS. July 29, 2011. JSPL has shown growth in production of both Steel and Power. Details of growth in production for the quarter ended June 30, 2011 with the corresponding quarter in the previous financial year are as under:

For the Quarter I ended June 30, 2011:

Product (MT)

Qtr I

Growth

2011-12

2010-11

(%)

Sponge Iron

363,653

345,305

5%

Pig Iron / Hot metal

402,107

387,828

4%

Pellets

828,800

484,595

71%

Steel Products*

607,726

506,001

20%

Power (million kWh)

931

729

28%

* Only Slab/Round/Bloom/Beam Blank

3. Sales

Details of sales for the quarter ended June 30, 2011 with the corresponding quarter in the previous financial year are as under:

For the Quarter I ended June 30, 2011:

Product (MT)

Qtr I

Growth (%)

2011-12

2010-11

Sponge Iron

 

48,995

 

Pellets

347,104

111,040

213%

Steel Products**

456,887

403,814

13%

Power (million kWh)

259

192

35%

*Sponge Iron sale is nil due to captive consumption

**Slabs/Bloom/Billets/Structural's & Rails/Universal Plate/Coil/Converted Angle/Channel/ Wire Rod/TMT/Fabricated Beams/Plates 4. Jindal Power Limited (JPL) - Qtr I

Consolidated financial result includes result of Jindal Power Limited, a subsidiary of the Company, as under:-

For the Quarter I ended June 30, 2011 (Unaudited)

Turnover

Rs. 749.54 Crores

Profit After Tax

Rs. 452.83 Crores

Generation

2166.18 million units

PLF

99.18%

For the Financial Year 2010-11 (Audited)

Turnover

Rs. 3337.73 Crores

Profit After Tax

Rs. 2001.60 Crores

Generation

8596.94 million units

PLF

98.14%