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Profit slumps 70% to Rs 719 crore on weak prices of steel
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 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.
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.
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’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 October-December quarter of the current financial year
JSW Steel Posts 70% Plunge in Quarterly Profit on Weaker Prices
JSW Steel Ltd. missed profit forecasts following sluggish global demand and weak domestic prices. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan.
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 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
JSW Steel Q3FY25 results: Net profit down 70% on lower steel prices
Total revenues on a consolidated basis in Q3FY25 stood at Rs 41,378 crore, down 1.3 per cent Y-o-Y from Rs 41,940 crore a year ago
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.
15h
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.
3d
JSW Group to invest $35 bln in India's Maharashtra state
Billionaire Sajjan Jindal-led JSW Group said on Tuesday that it will invest 3 trillion rupees ($34.67 billion) in the Indian ...
The Financial Express
11h
Q3 Results: DLF, Interglobe Aviation, Godrej Consumer, NIIT, Bank of India, others releasing Q3 results today
Today, majors including DLF, Interglobe Aviation, Godrej Consumer Products, NIIT, DCB Bank, Bank of India, others are ...
1d
JSW Steel seeks syndicated loan of up to $900 mn from international lenders
JSW Steel's loan comes amid a busy period for Indian borrowers, with Reliance Industries and Greenko Energy Holdings's ...
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