The Total Revenue From Operations Declined by 3.1% Yoy To 44,819 Crore in the March 2025 Quarter, As Against 46,269 Crore in the same period last year.
The operating earnings before interest, tax, depreciation and amortization (ebitda) came in at 6,378 Crore, with an ebitda margin of 14.2% during the Quarter, Driven by Higher Sles Volumes and Lower Coking Coal cost.
Consolidated Crude Steel Production for the Quarter Stood at 7.63 Million Tonnes, Higher by 9% Quarter-quarter (Qoq) and 12% Yoy. Capacity Utilization at the Indian Operations was 93% during the Quarter, Compared to 91% in Q3 FY25.
Steel Sales for the Quarter Stood at 7.49 Million Tonnes, Higher by 12% Qoq and 11% Yoy. Domestic Sales was 6.72 million tonnes, up 12% Qoq and 30% yoy.
Institutional Sales Volumes Increased 11% Qoq and 33% Yoy While Retail Sales Rose 15% Qoq and 25% Yoyq and 25% Yoy, and Exports Remained Stable Qoq at 8% of SAles from the Indian Operations.
JSW Steel achieved consolidated annual production of 27.79 million tonnes and sales of 26.45 million tonnes, meeting the revised Volume Guidance Announced in Q3 FY25.
Net debt as of March 31, 2025, Stood at 76,563 Crore, Lower by 4,358 Crore as against December 31, 2024, Due to Healthy Cash Generation, Release of Working Capital and Calibrated Capeх.
Performance of subsidiaies
JSW Steel’s Subsidian Bhushan Power & Steel’s (BPSL) Revenue from Operations and Operating Ebitda for the Quarter Stood at 5,635 Crore and 570 Crore, respectively. The ebitda increase by 5% quoq, mainly due to higher sales volume and lower coking coal cost. BPSL reported a pat of 42 Crore for the Quarter. It Registered Crude Steel Production of 0.98 Million Tonnes and Sales Volume of 0.94 Million Tonnes.
DURING The Quarter, JSW Steel Registered Revenue of 9,035 Crore, and ebitda of 575 Crore. The Ebitda is 16% Higher on Qoq Basis, Mainly Due to Higher Domestic Realizations, Partially Offset by Higher Raw Material Pries. The subsidiary reported a network of 221 Crore for the Quarter. Its production Volume (Gi/GL, TIN, CRCA & Other Saleable Products) Stood at 1.20 Million Tonnes and Sales Volume of 1.22 Million Tonnes.
JSW Steel Dividend, Fund Raising Plans
The board recommended a dividend of 2.80 per equity share on the 244,54,53,966 equity shares of face value of 1 each, for the year ended March 31, 2025, Subject to the Approoval of the Approval of the Essuing Annual General Meeting. The total outflow on account of this dividend will be 685 Crore, the company said. The record date for dividend has been fixed as July 8, 2025.
The company board also approved raising of long-term resources to the tune of 14,000 Crore. The Board Gave Its Go Ahead to Raise Up To 7000 Crore Via Non-Convertible Debentures. Additional, it also provided approval for raising 7,000 Via Equity Shares or Convertible Securities.
In addition to this, subject to application regulatory Approvals and Market Conditions, The Board of Directors at Its Meeting Held Today, Also Approved The ISUANCE of Secure ( Non-Convertible Debentures Not Exceding 5,000 Crore.
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