JTL Industries Limited announced its business performance for Q3 FY25, showcasing remarkable achievements in sales and exports. The company recorded its highest-ever nine-month sales volume at 297,082 MT, marking a 14.3% YoY growth. Key highlights include:
- Q3 FY25 Sales: 97,488 MT, including contributions from Nabha Steels.
- Exports Surge: Nine-month export volumes more than doubled, reaching 25,417 MT (10% of total sales) compared to 12,542 MT in the same period last year.
- Value-Added Products: Accounted for 21% of the total Q3 sales volume.
The company attributes its success to strong domestic and international client support, coupled with increasing demand for structural steel, driven by government infrastructure spending. Nabha Steels, acquired in April 2024, contributed significantly with 33,277 MT in nine-month volumes.
Management remains optimistic about the future, anticipating further growth with the upcoming budget announcements and infrastructure projects.
Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Always conduct your research or consult a financial advisor before making investment decisions.
