JSW steel commenced its brownfield plant of Dolvi 5 mn tonnes and commercial production has started in mid of Nov’21. During the quarter, 0.59 mn tonnes from Dolvi Phase-II were produced while company is aiming for a total capacity of 23 mn tonnes by FY24.
The company has reported an operating revenue of Rs. 386 Cr. which has a 45% YoY and 22% QoQ Growth rate. It has maintained a contribution margin of 46% (Physical presence build up costs are absorbed within these margins).