JSW, Steel
devdiscourse · 16h
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.
ndtvprofit · 16h
JSW Steel Q3 Results: Profit Falls Over 70%, Misses Estimates
The steel producer reported a 70.3% fall in the consolidated profit at Rs 717 crore in the October-December quarter, compared to Rs 2,415 crore in the same period last year, according to an exchange filing on Friday. Analysts polled by Bloomberg had estimated a Rs 737-crore net profit.
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