JSW Steel achieved 4.19 million tonnes of steel in 4Q21 fiscal year 21, up 2% qoq and 6% yoy.
The company’s average capacity utilization increased from 91% in Q3 of fiscal 21 to 93% in Q4 of fiscal 21. However, the capacity utilization in March 2021 was 96%.
In fiscal 2021, the company achieved steel production of 15.08 million tonnes, up from 16.06 million tonnes in fiscal 2020, a 6% decline.
While average capacity utilization improved from 66% in the first quarter of 2020-21 to 93% in the fourth quarter of 2020-21, steel production in the 2020-2021 fiscal year decreased by 6%, mainly due to disruptions in production caused by the outbreak of COVID. -19 in the first quarter of 2020-21
Source: Capital Market