JSW Steel reported a significant 11-fold surge in consolidated net profit for the March quarter, reaching ...More

JSW Steel reported a significant 11-fold surge in consolidated net profit for the March quarter, reaching Rs 16,370 crore. This impressive growth was accompanied by a 14% year-on-year increase in revenue from operations, which stood at Rs 51,180 crore for Q4FY26. ...Less

JSW Steel Q4 Results: JSW Steel on Friday reported 16% growth in its consolidated net profit at Rs 1,503 ...More

JSW Steel Q4 Results: JSW Steel on Friday reported 16% growth in its consolidated net profit at Rs 1,503 crore in the fourth quarter, compared with Rs 1,299 crore in the last year quarter. ...Less

The Board of Directors recommended a final dividend of Rs 17.35 per share. The dividend, if declared by t ...More

The Board of Directors recommended a final dividend of Rs 17.35 per share. The dividend, if declared by the members at the 28th Annual General Meeting (AGM) of the Company, will be credited to the members, subject to deduction of tax at source, on or before 30 days from the date of AGM. ...Less

JSW Steel reported a 64% YoY drop in consolidated net profit to Rs 1,299 crore for March 2024, with reven ...More

JSW Steel reported a 64% YoY drop in consolidated net profit to Rs 1,299 crore for March 2024, with revenue from operations at Rs 46,269 crore. The Board recommended a final dividend of Rs 7.30 per share, and the EBITDA margin was 13.2%. Details on operating profit, sales realisations, total sales volumes, exports, and production achievements were highlighted. ...Less

JSW Steel, the Sajjan Jindal-controlled steelmaker that is the country's largest by capacity, said its fo ...More

JSW Steel, the Sajjan Jindal-controlled steelmaker that is the country's largest by capacity, said its fourth quarter consolidated net profit grew 30%. ...Less

Revenue from operations during the reporting quarter were flat at Rs 46,962 crore, compared with Rs 46,89 ...More

Revenue from operations during the reporting quarter were flat at Rs 46,962 crore, compared with Rs 46,895 crore in the corresponding quarter of last year. ...Less

“JSW Steel recently commissioned a 5 million tonne capacity expansion at Dolvi; another 5 million tonne i ...More

“JSW Steel recently commissioned a 5 million tonne capacity expansion at Dolvi; another 5 million tonne is under implementation and will get commissioned in the next financial year. These projects will continue and whatever is going on right now will be implemented. We will take a call on future plans based on how it unfolds.” ...Less

The company will raise up to $1 billion (₹8,276 crore) through the issue of non-convertible, senior unsec ...More

The company will raise up to $1 billion (₹8,276 crore) through the issue of non-convertible, senior unsecured fixed rate bonds, in one or more tranches, the company said in a regulatory filing on Friday. ...Less

In addition to the issuance of convertible securities and non-convertible debentures, the board also appr ...More

In addition to the issuance of convertible securities and non-convertible debentures, the board also approved raising Rs 3,000 crore through private placement and/or public issuance. The funds will be used to replace short-maturity loans, meet working capital requirements, reimburse capex, and for general corporate purposes. A fresh approval is being sought from shareholders for its previous plan to raise Rs 14,000 crore through the issuance of non-convertible debentures and convertible securities. ...Less

JSW Steel Share Price: The fall in share price came a day after the steel major reported a drop in consol ...More

JSW Steel Share Price: The fall in share price came a day after the steel major reported a drop in consolidated net profit to Rs 1,299 crore for the quarter ended March 2024. It was Rs 3,664 crore a year ago. Revenue from operations in the reporting quarter, too, took a beating, though marginally, to Rs 46,269 crore. ...Less

The profit figure missed ET NOW poll estimate of Rs 733 crore. ...More

The profit figure missed ET NOW poll estimate of Rs 733 crore. ...Less

The consolidated total income for the quarter climbed 73.70 per cent YoY to Rs 38,225 crore from Rs 22,00 ...More

The consolidated total income for the quarter climbed 73.70 per cent YoY to Rs 38,225 crore from Rs 22,006 crore in the same quarter last year. ...Less

The fourth quarter earnings season is nearing its end. Around 200 companies will announce their quarterly ...More

The fourth quarter earnings season is nearing its end. Around 200 companies will announce their quarterly numbers on Friday. JSW Steel is expected to show improved earnings. This is due to better realisations and lower input costs. Ashok Leyland and BEML earnings are also awaited. Investors will be keen to hear management commentary on debt and capex. ...Less

The steelmaker reported a 69 per cent on-year jump in consolidated total revenue from operations to Rs. 3 ...More

The steelmaker reported a 69 per cent on-year jump in consolidated total revenue from operations to Rs. 32,503 crore, which was also above Street’s estimate. ...Less

The steel producer reported its highest-ever quarterly revenue from operations of Rs 26,934 crore, up 51 ...More

The steel producer reported its highest-ever quarterly revenue from operations of Rs 26,934 crore, up 51 per cent on a year-on-year basis. ...Less

Indian markets experienced a slight downturn, influenced by weak global signals. Several companies are in ...More

Indian markets experienced a slight downturn, influenced by weak global signals. Several companies are in focus due to Q4 results: Grasim Industries reported a profit increase, while Sun Pharma saw a decline. Trent will replace Nestle India in the BSE Sensex. Ola Electric is set to raise funds through debt instruments. ...Less