devdiscourse · 18h
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.
The Hindu · 18h
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.
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