During the quarter, JSW Steel saw 3% higher flat rolled volumes and a -3% fall in long rolled volumes. Overall volumes stood at 4.41 MT for the quarter with saleable steel at 4MT.
The spurt in output was led by higher capacity utilization which now stands at 94%. During the quarter JSW hiked its stake in Bhushan Power & Steel to 83.28%
Operating EBITDA for the quartered tapered sequentially to Rs6,797cr implying 23.6% EBITDA margins. Net margins tapered from 12.26% in the Dec-20 quarter to 11.44% in the Dec-21 quarter. However, net margins were sharply lower sequentially, due to the sharp spike in key input costs.
Financial highlights for Dec-21 compared yoy and sequentially
JSW Steel | |||||
Rs in Crore | Dec-21 | Dec-20 | YOY | Sep-21 | QOQ |
Total Income (Rs cr) | ₹ 38,071 | ₹ 21,859 | 74.17% | ₹ 32,503 | 17.13% |
Net Profit (Rs cr) | ₹ 4,357 | ₹ 2,681 | 62.51% | ₹ 7,170 | -39.23% |
Diluted EPS (Rs) | ₹ 18.02 | ₹ 11.09 | ₹ 29.67 | ||
Net Margins | 11.44% | 12.26% | 22.06% |
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.