The total Hot Rolled Coils (HRC) sales for EStL aggregated 4.19 lakh tonne for 1QFY2001, compared to 3.28 lakh tonne in the corresponding period the previous year, recording a growth of 28% in sales volume. While the sales volume is up by 28%, the total income registered a rise of 50%. This is due to a shift in value-added grades, thrust in exports and better product mix planning. The exports registered a rise of 78% at 2.15 lakh tonnes (1.21 lakh tonnes in the corresponding quarter of the previous year). The Company exported high-value products of API grade, Corten, HSLA grade, which have yielded better realisation. The performance also improved due to better market conditions in the domestic and export market.
CORPORATE