Demand better in FY'12 driven by emerging markets: JSW Steel
Seshagiri Rao, Joint MD & Group CFO of JSW Steel spoke to NDTV Profit on the company's Q3 results which saw a 36 per cent rise in sales on year on year basis and a 56 per cent drop in profit after tax YoY. He said that volume growth of 20 per cent is a good number in Steel considering the challenges that the sector is facing. Steel demand will continue to be better in FY'12 driven by emerging markets, he felt.
