Nabha Steels and Metals experienced significant revenue growth, rising from ~Rs. 113 crore in FY23 to ~Rs. 225 crore in FY24.
This acquisition will increase JTL’s total backward integration capacity from 150,000 tonnes of coils (previously concentrated solely from the Raipur plant) to 250,000 tonnes of coils and 100,000 tonnes of long products, with backward integrated operations now spanning across Chhattisgarh and Punjab.