JTL Industries Limited is a rapidly expanding steel tube manufacturer specializing in ERW Black Pipes, PreGalvanized and Galvanized Steel Pipes, large diameter tubes and pipes, and hollow structure sections. JTL is pleased to provide a detailed update on its business performance for Q2FY25.
JTL has achieved its highest-ever quarterly sales volume of 103,193 MT in Q2FY25, including Nabha volumes. This represents a growth of 26.32% compared to the 81,686 MT recorded in Q2FY24, driven by strong demand for heavy structures.
For H1FY25, sales volume reached an unprecedented 199,593 MT, reflecting a robust growth of 25.49% over the 159,028 MT achieved in H1FY24. This growth highlights continued momentum in expanding market share and operational capacity.
Export sales continued to grow, with H1FY25 export volumes reaching 18,219 MT, a significant increase from 8,897 MT recorded in H1FY24. This represents a growth rate of 104.74%. Exports contributed approximately 9.13% of the total sales volume for H1FY25.
Since acquiring Nabha Steels and Metals in April 2024, JTL has made substantial progress. Following the successful commercialization of the first phase in June, the plant has consistently delivered strong results. In Q2FY25, Nabha Steels achieved a sales volume of 12,776 MT, up from 10,726 MT in Q1FY25. This brings the total sales volume for H1FY25 to 23,502 MT.
Commenting on the above business update, the management of the Company said:
“We are pleased to share our business performance for H1 FY25. During this period, we achieved
our highest-ever H1 sales volume, reaching an impressive 199,593 MT, representing a robust
growth rate of 25.49% compared to 159,028 MT in H1 FY24. Nabha Steels, which we acquired in
April 2024, is a significant contributor to this success. Following the successful commercialization of the first phase, Nabha Steels achieved a total sales volume of 23,502 MT in H1 FY25.
In Q2 FY25, we recorded our highest-ever quarterly sales volume of 103,193 MT, reflecting a growth of 26.32% over the 81,686 MT achieved in Q2 FY24. This growth demonstrates the continued support we receive from our domestic and international clients.”
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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