On a consolidated basis, Jindal Steel & Power (JSPL)'s net profit surged 600% to Rs 2,139.28 crore on 74.8% jump in net sales to Rs 11,887.88 crore in Q4 March 2021 over Q4 March 2020. The quarterly result got a boost from improved performance across steel, power and overseas mining operations in Q4FY21. EBITDA soared 205.60% to Rs 5,287 crore in Q4 FY21 as against Rs 1,730 crore in Q4 FY20. Net debt reduced by Rs 3,475 crore in Q4 FY21 and Rs 13,773 crore in FY21. The company's core focus right now is to sweat out assets and make JSPL net debt free. Thereafter, the company will embark on a journey to expand its profitability and volumes via the Angul expansion from 6 MTPA to 12 MTPA taking JSPL's overall Steel capacity to c.16 MTPA in India.