Revenue from operations for the reporting quarter declined 3% year-on-year to ₹44,819 crore, compared to ₹46,269 crore in the corresponding period of last year. Topline was slightly lower than CNBC-TV18 poll of ₹44,975 crore.
The steel major reported an operating EBITDA of ₹6,378 crore during the January-March 2025 period with EBITDA margins coming in at 14.2%. Both were lower than CNBC-TV18 estimates.
FY26 production and sales outlook
India Operations
Crude steel production is projected at 29.50 million tonnes, with saleable steel sales expected to reach 28.20 million tonnes.
USA (Ohio Operations)
Crude steel production and saleable steel sales are both estimated at 1.00 million tonnes.
The board has recommended a dividend of ₹2.80 per equity share on face value of ₹1 each, for the year ended March 31, 2025, subject to the approval of the Members at the ensuing Annual General Meeting. The total outflow on account of this dividend will be ₹685 crore.
Shares of JSW Steel Ltd. ended with gains of 0.68% on Friday at ₹1,012.40. The stock has climbed 12% on a year-to-date basis.
First Published: May 23, 2025 4:01 PM IST