8 months ago

JSW Steel Q3 Earnings: Stock Rises, Earnings Under Pressure

JSW Steel Q3 Earnings: Stock Rises, Earnings Under Pressure
JSW Steel Q3 preview: Import curbs lift stock, but earnings seen under pressure · livemint.com

JSW Steel's stock has gone up because the government put a tax on cheap steel imports.

This makes their steel more expensive, which is good for their prices.

But, their profits might go down because the cost of making steel has gone up, and people aren't buying as much.

The company is also being investigated for possibly working with other steel companies to set high prices.

They are also trying to make more steel by building new factories and working with other companies.

Investors are waiting to see how much money the company made in the last three months and what the company plans to do next.

Key facts

Stock Performance
5.7% rise since 30 December
Expected Revenue (Q3)
₹43,194 crore
Expected Profit (Q3)
₹1,288 crore
Total Debt (Q2)
₹79,153 crore
Debt Reduction from BPSL Deal
₹20,000 crore
Capacity Expansion Target
51 million tonnes per annum
Safeguard Duty on Imports
12% for three years
Steel Consumption Growth (Apr-Dec 2025)
6.8%

Quotes

Ravi Sodah

Metals and mining analyst at Elara Securities

“The adverse spread between realization and input cost is likely to weigh on profitability”
livemint.com

Sources

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