JTL Infra Ltd - Q2FY23 Sales Volume

JTL Infra Limited, amongst the leading Building Material Solutions company and into manufacturing of steel tubes pipes, announced its sales volume for the quarter ending September 30, 2022.

Sale Volume for the quarter grew by 22.6% to 40829 ton from 33302 ton in Q1FY23. The volume is in line volume of 40271 ton in Q2FY22.

The long-range monsoon in Q2 impacted the construction activities which to some extent impacted our sales.

For H1FY23, company achieved sales volume of 74131 ton compared to 69506 tons in H1FY22, registering a growth of 6.7%.

We are delighted to announce the growth in sales mix with volume of value-added products contributes nearly 50% of total sales volume in this quarter.

We will continue to improve this sales mix towards value added products. To enhance market reach will strengthening distribution channel in domestic market and penetrate new geographies for export market.

Other highlights

- Under Jal Jeevan Mission (JJM), the company has been supplying GI Pipes to State Government Agencies. JJM is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India.

- During the quarter, company has supplied more than 13,000 ton of GI pipes under JJM.

Source : Equity Bulls

Keywords

JTLInfra SalesVolume Q2FY23 SteelTubesPipes