JSW Steel Limited (JSWSTEEL) — Financial Results | 24 January 2025(2 announcements)

JSW Steel reported consolidated revenue of ₹41,378 crores for Q3 FY25, up 69.9% YoY, with net profit at ₹719 crores and operating EBITDA at ₹5,579 crores. The company achieved record crude steel production of 7.03 million tonnes and highlighted ongoing expansion projects including a new hot strip mill and coated products line. Forward guidance indicates continued growth momentum with management projecting 6.7% growth in H2 FY25 driven by government capex and rural demand, while maintaining focus on capacity utilization and trade remedy measures.

JSW Steel reported consolidated revenue of ₹41,378 crores in Q3 FY25, up 14% YoY, driven by record domestic sales growth of 14% and 12% YoY increase in steel sales to 6.71 mt. Net profit stood at ₹719 crores, with operating EBITDA at ₹5,579 crores and net debt to EBITDA at 3.57x. The company achieved 91% average capacity utilization and secured a new iron ore mine in Goa. Sustainability milestones include 0.86 mt CO2 reduction and recognition in the Dow Jones Sustainability Index. Forward guidance remains on track for 28.40 mt production and 27.00 mt sales in FY25.