21-July-2025
Corporate News
 
JSW Steel Q1 Results: Profit surges 154.79% to Rs 2,209 crore on healthy domestic demand, lower input costs
19-Jul-2025

JSW Steel Ltd on Friday released its fiscal first quarter earnings report with profit at Rs 2,209 crore, surpassing estimates. The company reported a surge of 154.79 per cent in comparison to Rs 867 crore recorded during the corresponding quarter of FY25. The performance was buoyed by robust domestic demand and lower input costs. JSW Steel said that the domestic demand continued to be good, aided by healthy capex by the government in Q1. It posted revenue from operations at Rs 43,147 crore, marginally higher than Rs 42,943 crore reported during the corresponding quarter of previous financial year. While revenue growth remained steady, JSW Steel said, profitability saw a significant boost, aided by higher volumes and a sharp drop in coking coal costs.

News Source:- https://www.financialexpress.com/business/industry-jsw-steel-q1-results-profit-surges-154-79-to-rs-2209-crore-on-healthy-demand-aided-by-govt-capex-3919071/?ref=hometop_hp