The company, headed by Sajjan Jindal, had produced 2.82 MT of crude steel in July-September 2012. The production numbers include steel production from Dolvi facility of erstwhile JSW Ispat Steel, which has now been merged into JSW.
Also read: JSW Steel acquires Heidelberg Cement's Raigad grinding unit
During the last quarter, JSW's production of flat steel was up 18 percent at 2.45 MT, while production of long steel increased by 3 per cent to 0.46 MT, the company said in a statement.
It further said that "the company took shutdown of one of its Corex furnaces for relining and capacity enhancement during the quarter and the same has recommenced production from September 12, 2013."
During the first half of the current fiscal, JSW achieved crude steel production of 5.84 MT, registering a growth of 3 per cent over the corresponding period of last year.
Flat steel is largely used by automobile and consumer durables sectors, while long steel is used in the construction and infrastructure sectors. In 2012-13, JSW had produced 8.51 million tonnes of crude
steel despite continuation of the iron ore crisis in Karnataka.
Shares of the company were trading at Rs 785.85 apiece on the BSE during the afternoon trade, down 0.73 per cent in an overall weak market.
On October 10, 2013, JSW Steel closed at Rs 784.65, down Rs 6.95, or 0.88 percent. The 52-week high of the share was Rs 893.75 and the 52-week low was Rs 451.50.
The company's trailing 12-month (TTM) EPS was at Rs 54.25 per share as per the quarter ended June 2013. The stock's price-to-earnings (P/E) ratio was 14.46. The latest book value of the company is Rs 811.51 per share. At current value, the price-to-book value of the company was 0.97.
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