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Ravi Uppal

Type: Person

Name: Ravi Uppal

First reported Apr 25 2013 - Updated Apr 25 2013 - 2 reports

JSPL Q4 net down 35 per cent at Rs 760.27 crore on rising interest cost

New Delhi: Hit hard by rising interest burden and lower sales realisations, Jindal Steel and Power's (JSPL) consolidated net profit fell by nearly 35 per cent to Rs 760.27 crore for the quarter ended March.The company, headed by Naveen Jindal, had reported ... [Published NDTV Profit - Apr 25 2013]

Entities: Steel, Ravi Uppal, Mozambique, Naveen Jindal, Net Profit

First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Average pooling price of coal would have lowered cost: Ravi Uppal, JSPL

In an interview with ET Now, Ravi Uppal, MD & CEO, JSPL, shares his views on the coal price pooling and the Indian power sector. Excerpts:ET Now: Are you disappointed that no decision has been taken on the coal price pooling?Ravi Uppal: Well, of course. ... [Published Economic Times - Apr 23 2013]

Entities: Ravi Uppal, Coal, Power Plant

First reported Apr 16 2013 - Updated Apr 16 2013 - 1 reports

JSPL April price hike sustainable - Mr Ravi Uppal

Jindal Steel and Power has increased steel product prices by INR 500 to INR 1500 in April, following hike in raw material cost and some duties.Mr Ravi Uppal MD of JSPL told CNBC-TV18 that "We find that our costs have increased; the cost of raw materials ... [Published Steel Guru - Apr 16 2013]

Entities: Ravi Uppal, Steel, Jindal Steel & Power Ltd

First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Expansion plan on track, says Jindal Steel's Uppal

In an interview with CNBC-TV18, Ravi Uppal, managing director, JSPL said the company increased prices on the back of duty hikes and the current price is sustainable.Due to hike in rail freight cost, steel makers will now have to pay Rs 60/tonne more.Meanwhile, ... [Published Moneycontrol.com - Apr 15 2013]

Entities: Ravi Uppal, Apollo Minerals Ltd, Iron Ore

First reported Mar 18 2013 - Updated Mar 18 2013 - 1 reports

Jindal's Odisha steel plant on track

Angul, March 17: Jindal Steel and Power Ltd (JSPL) is going ahead with the Rs 30,000-crore, 6-million-tonne steel and power project at Angul in Odisha despite not having access to iron ore mines. The Naveen Jindal company will complete setting up a 1.8-million-tonne ... [Published Calcutta Telegraph - Mar 18 2013]

Entities: Syngas, Iron Ore, Steel

First reported Feb 14 2013 - Updated Feb 14 2013 - 2 reports

Jindal Steel & Power Ltd

Jindal Steel faces Indian reality check

Ravi Uppal, chief executive of JSPL, tells the FT that its ambitious expansion plans are subject to the vagaries of the domestic Indian market ... [Published FT.com - Companies Asia-Pacific - Feb 14 2013]

Entities: Jindal Steel & Power Ltd, Ravi Uppal

Quotes

Ravi Uppal, managing director of JSPL group said: "fy13 has been a defining year for us. we achieved and established operational efficiency in production of steel, pellets and power. this shows the impending launch of our angul project is well timed. we maintained a ebitda margin of 30%. however, we booked depreciation of the new plant and took extra load of rs 574 crore on account of the mining issue in bolivia. also, we have to keep in mind, steel prices in q4 fy13 were among the lowest when compared to prices in q4 fy12 which were among the highest."

JSPL Q4 net down 39% to Rs 477.45 crore [Published Economic Times - Apr 25 2013]

Mr Ravi Uppal MD of JSPL told CNBC-TV18 that "we find that our costs have increased; the cost of raw materials such as coking coal and freight within the country has increased, some duties have increased. so, we had not option but to hike the prices of steel products we are offering in the market.? mr uppal was however confident that price hike, taken over and above the changes in march is sustainable."

JSPL April price hike sustainable - Mr Ravi Uppal [Published Steel Guru - Apr 16 2013]

More Content

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JSPL Q4 net down 35 per cent at Rs 760.27 crore... [Published NDTV Profit - Apr 25 2013]
JSPL Q4 net down 39% to Rs 477.45 crore [Published Economic Times - Apr 25 2013]
JSPL scouts for partners for CBM foray [Published Hindu Business Line - Apr 25 2013]
Average pooling price of coal would have lowere... [Published Economic Times - Apr 23 2013]
JSPL April price hike sustainable - Mr Ravi Uppal [Published Steel Guru - Apr 16 2013]
Expansion plan on track, says Jindal Steel's Uppal [Published Moneycontrol.com - Apr 15 2013]
Jindal's Odisha steel plant on track [Published Calcutta Telegraph - Mar 18 2013]
Jindal Steel faces Indian reality check [Published FT.com - Companies Asia-Pacific - Feb 14 2013]
Jindal Steel faces Indian reality check [Published FT.com - Energy - Feb 14 2013]
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