JSW Steel reports its June-quarter (Q1) performance with differing year-on-year figures across outlets. Economic Times and Business Standard state that profit more than doubles on a year-on-year basis, with net profit reported at about ₹4,696 crore and consolidated revenue from operations rising to around ₹47,364 crore (roughly 9.8–10% higher than the comparable period). Economic Times attributes the stronger profitability to robust topline growth, higher volumes and expenses rising by a smaller pace (about 3–4%), which supports margins; it also notes a significant reduction in net debt during the quarter. Business Standard adds that profit before tax rises to about ₹6,160 crore and expenses increase around 3.7%. Other reporting from NDTV says profit plunges nearly 72%, quoting a bottom line of ₹4,651 crore compared with ₹16,370 crore in the preceding quarter, while also stating that revenue falls and margins expand. Business Line reports crude steel output increases by about 3% to 6.59 million tonnes in the June quarter versus 6.38 million tonnes in the April–June period.
JSW Steel posts mixed Q1 earnings, with higher revenue and output reported
JSW Steel reports its June-quarter (Q1) performance with differing year-on-year figures across outlets. Economic Times and Business Standard state that profit more than doubles on a year-on-year basis...
- JSW Steel reports June-quarter revenue from operations of about ₹47,364 crore, up around 9.8–10% year-on-year.
- Net profit is reported around ₹4,651–₹4,696 crore for the June quarter.
- Profit before tax is reported by Business Standard at about ₹6,160 crore; expenses rise by roughly 3–4%.
- Crude steel output in the quarter rises about 3% to 6.59 million tonnes.
- NDTV reports a sharp quarter-on-quarter decline versus the preceding quarter, while other outlets describe a year-on-year increase.
JSW Steel's profit more than doubled year-on-year to 4,696 crore in the June quarter. Robust revenue growth and higher volumes aided the company's strong financial performance. Consolidated revenue from operations rose around ten percent on year to 47,364 crore. Total expenses grew less than four percent on year, which helped profitability. The company's net debt also saw a significant reduction during the period.
3 hours agoRevenue increased 10 per cent to ₹47,364 crore (₹43,147 crore)
16 hours agoRevenue increased 10 per cent to ₹47,364 crore (₹43,147 crore)
17 hours agoJSW Steel's crude steel output increased 3 per cent to 6.59 mt in June quarter FY27 from 6.38 mt in April-June FY26.
21 hours agoThe company posted a bottom-line of Rs 4,651 crore, compared to Rs 16,370 crore in the preceding quarter.
21 hours agoThe company posted a bottom-line of Rs 4,651 crore, compared to Rs 16,370 crore in the preceding quarter.
21 hours ago
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