JSL's export volume share in overall volume mix doubles to 32% in Q4FY22 vs. 16% in Q4FY21

News: JSL's total sales volume for FY22 was at ~1.01 million tonnes, up 23% compared to FY21. During Q4FY22, JSL’s sales volume was at 269168 tonnes, registering an uptick of 9% on QoQ basis and 6% on YoY basis

Views: JSL reported good volume growth for both Q4FY21 as well as FY21. The sales growth volume was backed by JSL’s agile supply chain and a flexible product mix with a focus on value added product segments. Despite volatility and global disruptions in raw material supply and logistics, JSL effectively upped its exports. The company’s exports sales proportion doubled to 32% of sales volumes in Q4FY22 compared to 16% in Q4FY21

Impact: Positive