JSW Steel Q2 results FY25 disclosed an 84% year-on-year fall in the consolidated net profit. On the JSW Steel Q2 results date which was October 25, 2024, the JSW Steel share price was closed at ₹943.85. On October 28, 2024, JSW Steel share price closed with a rise at ₹967.25.
JSW Steel Q2 Results FY25: Key Highlights
JSW Steel share price has delivered positive returns of 0.58% in the last 1 week (as on October 31, 2024). The consolidated net profit was ₹439 crores in the second quarter of FY25 lower than the net profit of ₹2,760 crores in the sequential quarter of FY24. The revenue from operations was at ₹39,684 crores, down 11% YoY according to the JSW Steel quarterly results.
Consolidated crude steel production was 6.77 million tonnes, higher by 7% YoY in the Q2 FY25 as mentioned in the JSW Steel Q2 results. Steel sales were down by 3% YoY to 6.13 million tonnes in Q2 FY25. Exports which make up 7% of the total sales from Indian operations, fell by 43% YoY because of a rise in Chinese exports.
In the last 1-year, JSW Steel share price has delivered a positive return of 30.87% (as on October 31, 2024).
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Reference
https://www.jswsteel.in/sites/default/files/assets/industry/steel/IR/Financial%20Performance/Financials/2024-25/Q2/steel-Press-Release-Q2FY25.pdf
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