
JSW Steel has released its consolidated unaudited financial results for the quarter ended December 31, 2024. The financial results reveal a sharp decline in profits, although revenue remained relatively stable compared to the previous year.
The company reported a profit of ₹719 crore, marking a 70.7% year-on-year (YoY) decrease from ₹2,450 crore in Q3 FY24. However, JSW Steel’s revenue showed a slight dip of 1.3%, standing at ₹41,738 crore in Q3 FY25, compared to ₹41,940 crore in Q3 FY24.
EBITDA also saw a significant drop of 22.3%, falling to ₹5,579 crore from ₹7,180 crore in Q3 FY24. As a result, the EBITDA margin declined by 360 basis points, dropping to 13.5% from 17.1% in the same quarter last year.
In the meantime, JSW Steel closed today at 931.95, showing slight movement from the opening price of 930.00. The day’s high reached 953.00, while the low stood at 925.16. Over the past year, the stock hit a 52-week high of 1,063.00 and a low of 761.75.