JSW Steel Ltd reports an 84% drop in Q2 consolidated net profit to Rs 439 crore, against Rs 2,760 crore l ...More

JSW Steel Ltd reports an 84% drop in Q2 consolidated net profit to Rs 439 crore, against Rs 2,760 crore last year. Revenue declines 11% YoY to Rs 39,684 crore. The company incurs a Rs 342 crore one-time charge, with operating EBITDA at Rs 5,437 crore and margins at 13.7%. ...Less

Revenue improved by 29% year-on-year to Rs 41,778 crore. However, high input costs meant that the earning ...More

Revenue improved by 29% year-on-year to Rs 41,778 crore. However, high input costs meant that the earnings before interest, tax, depreciation and amortisation (EBITDA) declined by 83% on-year to Rs 1,752 crore. EBITDA margin narrowed from 32% to 4.2%. ...Less

JSW Steel Q2 Results: An ET Now poll expected the company to report a net profit of Rs 185 crore. In the ...More

JSW Steel Q2 Results: An ET Now poll expected the company to report a net profit of Rs 185 crore. In the same period a year ago, JSW Steel had reported a net profit of Rs 7,170 crore. ...Less

The profit figure was way above an ET Now poll of Rs 2,497 crore. Consolidated revenue from operations in ...More

The profit figure was way above an ET Now poll of Rs 2,497 crore. Consolidated revenue from operations increased nearly 7% year-on-year (YoY) to Rs 44,584 crore and was also above the estimated Rs 42,133 crore. ...Less

Sales realisation and sales volume both fell for the quarter. ...More

Sales realisation and sales volume both fell for the quarter. ...Less

Consolidated revenue for the period climbed 25 per cent to Rs 21,552 crore. ...More

Consolidated revenue for the period climbed 25 per cent to Rs 21,552 crore. ...Less

Analysts have raised target price for shares of the country's largest steelmaker by 4-10%, with CLSA Asia ...More

Analysts have raised target price for shares of the country's largest steelmaker by 4-10%, with CLSA Asia Pacific Markets, Nuvama Institutional Equities and Centrum Broking also upgrading rating for the shares. JSW Steel currently has the capacity to produce around 28 million tonne of steel each year, and this is expected to rise to around 37 million tonne over the next 15-18 months as some of the current expansion plans are completed. ...Less

Planned shutdown and a sharp correction in steel prices hurt revenues which fell 21 per cent YoY to Rs 15 ...More

Planned shutdown and a sharp correction in steel prices hurt revenues which fell 21 per cent YoY to Rs 15,520 crore for the quarter. ...Less

Today, 149 companies will announce their July-September 2024 earnings. Important results include Coal Ind ...More

Today, 149 companies will announce their July-September 2024 earnings. Important results include Coal India, JSW Steel, Bharat Electronics, IndiGo, and Bank of Baroda. IndiGo may report losses, while JSW Steel's profits are expected to fall significantly. Investors and analysts are keenly awaiting these updates to assess market performance. ...Less

On the last trading day of this week, 84 companies listed on the BSE will announce their December quarter ...More

On the last trading day of this week, 84 companies listed on the BSE will announce their December quarter earnings. Among the Nifty companies, SBI Life Insurance Company and JSW Steel will report their Q3 earnings. Street will also keeping a close track on the earnings of ACC, Adani Power, AU Small Finance Bank, Cyient, Equitas Small Finance Bank, Hindustan Petroleum Corporation (HPCL), Indian Energy Exchange. ...Less

The 30-share pack Sensex dropped 80.74 points, or 0.17 per cent, to 48,093.32. Its broader peer, NSE Nift ...More

The 30-share pack Sensex dropped 80.74 points, or 0.17 per cent, to 48,093.32. Its broader peer, NSE Nifty, fell 8.90 points, or 0.06 per cent, to 14,137.35. ...Less