JSPL standalone (domestic India) third-quarter 2020
Despite a steep fall in prices at the beginning of the quarter, the company was able to partially offset the loss through raw material cost savings and improving efficiencies on higher production.
In a financial quarter where pricing steeply declined in October, followed by demand-led recovery toward the end of December, the company was able to market and sell unprecedented volumes.
- December 2019 marked a turnaround for the steel industry, with concerns such as a weak automotive industry and finished-steel sector waning down gradually.
Earnings before interest,...