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Hot Pursuit
10-Mar-25
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JSW Steel gains after crude steel production climbs 12% YoY in February 2025
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JSW Steel advanced 1.86% to Rs 1030 after the company said that its consolidated crude steel production jumped 12% to 24.07 lakh tonnes in February 2025 as compared with 21.50 lakh tonnes produced in February 2024.
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The Indian unit of the company registered steel production volume of 23.32 lakh tonnes in February 2025, registering the growth of 13% as compared with 20.59 lakh tonnes volume in February 2024. The capacity utilization at Indian operations stood at 93.5% in February 2025.
Ohio-based JSW Steel USA has reported steel production volume of 0.75 lakh tonnes for the February 2025, recording de-growth of 70.65% as compared with 0.91 lakh tonnes recorded in February 2024.
JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company.
The company reported 70.65% decline in consolidated net profit to Rs 719 crore in Q3 FY25 compared with Rs 2,450 crore in Q3 FY24. Revenue from operations declined 1.32% YoY to Rs 40,793 crore during the quarter.
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Corporate News
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Corporate News
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