Total expenses for the period under review rose 3.7% YoY to Rs 41,830 crore from Rs 40,325 crore in the same period last year. This rise in raw material costs (up 18.4% YoY) more than offset the decline in finance costs (down 22.8% YoY), depreciation charges (down 15.8% YoY) and other expenses (down 7.3% YoY).

EBITDA improved by 38% YoY to Rs 9,383 crore in Q1 FY27 from Rs 6,816 crore in Q1 FY26.

Profit before tax in Q1 FY27 stood at Rs 6,160 crore, up by 100.5% from Rs 3,072 crore in Q1 FY26.

The company's consolidated production for the quarter was 6.59 million tonnes, higher by 3% YoY and 2% QoQ.

Steel Sales for the quarter were best ever for Ql at 6.25 million tonnes, up 4% YoY, with focus on flat steel sales & value-added special products (VASP).

JSW Steel is engaged in the manufacture and sale of iron and steel products and is the flagship business of the diversified JSW Group, which has interests across energy, infrastructure, cement, paints, sports, and venture capital.

The scrip had advanced 1.43% to end at Rs 1238.35 on the BSE today.

Powered by Capital Market - Live News