Sathavahana Ispat Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020

Sathavahana Ispat Limited is an India-based company engaged in manufacturing ferrous products, metallurgical coke with co-generation of power. The Company’s segments include Ferrous products, which comprises the manufacture and sale of Ductile Iron Pipe and Pig Iron, and Metallurgical Coke with Co-generation Power. The Company is also into power generation. The Company uses Mini Blast Furnace Technology for pig iron making. Its ferrous products plant is in Anantapuram District of Andhra Pradesh and the Metallurgical Coke with co-generation power facility is in Bellary District, Karnataka. It uses the Anshan technology for metallurgical coke making. The surplus power from the Company's Co-generation Power plant is sold to third parties. The Company produced approximately 210,000 tons per annum (tpa) pig iron of over 450,000 tpa metallurgical coke and co-generation cum thermal power of approximately 50 megawatts (MW) and ductile iron pipe approximately 210,000 tpa.