JSW Steel misses Q3 profit estimates on lower prices, cooling demand
India's JSW Steel reported a bigger-than-expected drop in third-quarter profit on Friday as lower prices and tepid demand continued to hurt the country's top steelmaker. Domestic steel mills have grappled with an influx of steel imports from China over the past year,
JSW Steel Reports Significant Profit Dip Amid Rising Expenses
JSW Steel reported a 70% drop in net profit for the December quarter, citing rising expenses. The company's revenue dipped slightly, and its capex increased significantly. Steel production and sales showed growth,
JSW Steel Q3: Low steel prices, imports weigh heavy despite cost improvements; results beat Street expectations
The steelmaker was expected to post a significant fall in its third quarter net profit due to weaker realisations, with higher sales volumes providing some offset.
India's JSW Steel misses Q3 profit view amid lower prices, cooling demand
India's JSW Steel reported a bigger-than-expected drop in third-quarter profit on Friday as lower prices and tepid demand continued to hurt the country's top steelmaker. Its consolidated net profit plunged 70% year-on-year to 7.
JSW Steel's Profit Dips Amid Rising Costs: A Deep Dive into Q3 Financials
JSW Steel reported a 70% decline in net profit to Rs 719 crore in Q3, attributed to increased expenses. Total income slightly decreased and steel production saw modest growth. Despite challenges, EBITDA rose by 3% QoQ due to better volumes and reduced costs.
JSW Steel Q3 profit plunges 71% on lower realisation
Hit by large scale imports and sharp fall in prices, JSW Steel has reported that its December quarter net profit plunged to ₹719 crore against ₹2,450 crore logged in the same period last year
India's JSW Steel misses Q3 profit estimates
India's JSW Steel reported a bigger-than-expected drop in third-quarter profit on Friday as lower prices and tepid demand continued to hurt the country's top steelmaker.
JSW Steel Q3 Results: Profit plummets 70.65% to Rs 719 crore, beats estimates
JSW Steel posted revenue from operations at Rs 41,378 crore, down 1.34 per cent as against Rs 41,940 crore recorded during the third quarter of previous financial year.
JSW Steel net profit declines 70% to ₹719 crore in Q3
JSW Steel on Friday (January 24, 2025) reported over 70% fall in consolidated net profit to ₹719 crore in December quarter, mainly due to higher expenses. It had posted a net profit of ₹2,450 crore in the year-ago quarter, the company said in an exchange filing.
JSW Steel Q3FY25 net profit plunges 70.3% YoY to Rs 717 cr; revenue down 1.3%
JSW Steel reported a 70.3% year-on-year (YoY) drop in consolidated net profit for Q3FY25, with earnings falling to Rs 717 crore due to declining steel prices, media reports said.
JSW Steel Q3 earnings: Record sales but hit by the steel dumping crisis
Despite record production and sales, JSW Steel's Q3 revenue declined due to falling steel prices and increased imports.
Zee Business on MSN4h
JSW Steel’s net profit plunges 70 per cent to Rs 717 crore in Oct-Dec quarter
Sajjan Jindal-led JSW Steel on Friday reported a 70 per cent year-on-year decline in net profit to Rs 717 crore for the ...
JSW Steel Share Price Live Updates: JSW Steel's Performance Overview
Welcome to the JSW Steel Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing stock.
YES Bank, JSW Steel, IndiGo: How to trade these buzzing stocks ahead of Q3 results
An analyst from StoxBox said that Yes Bank's technical structure suggests significant weakness as it is consistently making ...