devdiscourse · 1d
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.
YAHOO!Finance · 1d
JSW Steel Posts 70% Plunge in Quarterly Profit on Weaker Prices
JSW Steel Ltd. missed profit forecasts following sluggish global demand and weak domestic prices. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan.
The Hindu · 1d
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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