The flagship company of the JSW Group, JSW Steel is India'-s leading steel producer with integrated, end-to-end steel manufacturing capabilities.
The company has a global presence with strong technological competencies. Poised to lead the market, JSW Steel has achieved stellar growth and has maintained its winning streak through the years. Supported by our four core values, we strive for continued distinction in the industry.
Dear Shareholders,
The ‘Will to Win’ is a relentless pursuit of excellence and of doing better each day. At JSW Steel, we have built our business on this principle, which enables us to overcome any challenges or constraints that come our way, just like we did in 2016-17.
I am delighted to share with you that JSW Steel delivered strong operational performance in FY 2016-17 and recorded its highest ever production, sales, consolidated EBITDA and profit after tax.
Read MoreThe Gross Turnover increased because the Company explored opportunities in the export market, while maintaining sales in the domestic market.
Operating EBITDA increased due to multiple performance improvement initiatives taken up during the year to focus on yields and productivity.
Operating EBITDA increased due to multiple performance improvement initiatives taken up during the year to focus on yields and productivity.
Gross block increased during the year primarily on account of capitalisation of the Dolvi Phase 1 Expansion and augmentation of Vijayanagar Blast Furnace 2 capacity.
*Of `10 per share