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#CourtCorner | #JSWSteel-#BhushanPower and Steel Insolvency Big Relief For JSW Steel, SC Directs For Status Quo Of Liquidation Proceedings In NCLT ๐ฉAlert - Former Promoter Of BPSL Sanjay Singhal Had Moved NCLT Seeking Liquidation As Per SC Judgment
#CourtCorner | #JSWSteel, COC confirm that review petitions will be filed. #SC holds that review petitions should be filed as per SC rules prescribed deadlines. It was argued that any implementation of direction would jeopardise review petitions
๐ฉAlert: As per SC rules, review petitions are to be filed in 30 days, SC judgment came on May 2
๐ฉAlert: As per SC rules, review petitions are to be filed in 30 days, SC judgment came on May 2
#JSWSteel reports #Q1Results๐
Net profit at โน2,184 cr vs โน845 cr (YoY)
Revenue up 0.5% at โน43,147 cr vs โน42,943 cr (YoY)
EBITDA up 37.5% at โน7,576 cr vs โน5,510 cr (YoY)
Margin at 17.6% vs 12.8% (YoY)
Net profit at โน2,184 cr vs โน845 cr (YoY)
Revenue up 0.5% at โน43,147 cr vs โน42,943 cr (YoY)
EBITDA up 37.5% at โน7,576 cr vs โน5,510 cr (YoY)
Margin at 17.6% vs 12.8% (YoY)
#JustIn | #JSWSteel is declared as successful bidder for Rajgamar Dipside #coalblock in #Chattisgarh
#JustIn | #JSWSteel August Biz Update:
โถ๏ธAug Cons #CrudeSteel production up 17% YoY at 27.03 lk tonnes vs 23.16 lk tonnes (YoY)
โถ๏ธAug India Ops Crude Steel production up 16% YoY at 26.15 lk tonnes vs 22.49 lk tonnes (YoY)
โถ๏ธAug Cons #CrudeSteel production up 17% YoY at 27.03 lk tonnes vs 23.16 lk tonnes (YoY)
โถ๏ธAug India Ops Crude Steel production up 16% YoY at 26.15 lk tonnes vs 22.49 lk tonnes (YoY)
#JSWSteel Q2 Biz Update:
๐Crude Steel Production Up 17% YoY & 9% QoQ At 7.9 mt
๐India Ops Crude Steel Production Up 16% YoY & 9% QoQ At 7.66 mt
๐Capacity Utilisation At India Operations Stands At 92%
๐Crude Steel Production Up 17% YoY & 9% QoQ At 7.9 mt
๐India Ops Crude Steel Production Up 16% YoY & 9% QoQ At 7.66 mt
๐Capacity Utilisation At India Operations Stands At 92%
#JSWSteel reports #Q2Results:
๐Net profit at โน1,646 Cr Vs โน404 Cr (YoY)
๐Revenue up 11.3% At โน45,152 Cr Vs โน39,684 Cr (YoY)
๐Refined metal prodn now seen at 1,065-1,085 kt Vs 1,090-1,110 kt
๐FY26 saleable silver now seen at 670-690 mt Vs 700-710 mt
๐EBITDA up 31% At โน7,115 Cr Vs โน5,437 Cr (YoY)
๐Net profit at โน1,646 Cr Vs โน404 Cr (YoY)
๐Revenue up 11.3% At โน45,152 Cr Vs โน39,684 Cr (YoY)
๐Refined metal prodn now seen at 1,065-1,085 kt Vs 1,090-1,110 kt
๐FY26 saleable silver now seen at 670-690 mt Vs 700-710 mt
๐EBITDA up 31% At โน7,115 Cr Vs โน5,437 Cr (YoY)
#JSWSteel looks to sell up to 50% stake in Bhushan Power & Steel (BPSL), Japanโs JFE Steel frontrunner to pick up stake: srcs to
@YashJain88
JSW Steel to CNBC-TV18: Strategy includes evaluating various opportunities, won't not like to comment on speculation
@YashJain88
JSW Steel to CNBC-TV18: Strategy includes evaluating various opportunities, won't not like to comment on speculation
#NovBizUpdate | #JSWSteel Nov Biz Update:
โถ๏ธCons production up 5% at 24.39 lk tonnes vs 23.23 lk tonnes (YoY)
๐ฉCapacity utilisation of Indian operations was at 84%, lower due to blast furnace 3 shutdown
โถ๏ธIndia Ops production up 5% YoY at 23.61 lk tonnes vs 22.53 lk tonnes
โถ๏ธCons production up 5% at 24.39 lk tonnes vs 23.23 lk tonnes (YoY)
๐ฉCapacity utilisation of Indian operations was at 84%, lower due to blast furnace 3 shutdown
โถ๏ธIndia Ops production up 5% YoY at 23.61 lk tonnes vs 22.53 lk tonnes
#JustIN | #JSWSteel Q3 Update
--India Ops Crude Steel Production Down 5% QoQ & Up 7% YoY At 7.28 mt
--Consolidated Crude Steel Production Down 5% QoQ & Up 6% YoY At 7.48 mt
--Capacity Utilisation For Indian Ops For Qtr Including BF3 Capacity Was At 85%
--Blast Furnace 3 (BF3) At Vijayanagar Expected To Be Commissioned By End Of Q4FY26
--India Ops Crude Steel Production Down 5% QoQ & Up 7% YoY At 7.28 mt
--Consolidated Crude Steel Production Down 5% QoQ & Up 6% YoY At 7.48 mt
--Capacity Utilisation For Indian Ops For Qtr Including BF3 Capacity Was At 85%
--Blast Furnace 3 (BF3) At Vijayanagar Expected To Be Commissioned By End Of Q4FY26
#JSWSteel announces its Q3 results๐
โถ๏ธNet Profit โน2,410 Cr Vs โน719 Cr (YoY)
โถ๏ธRevenue Up 11.1% At โน45,991 Cr Vs โน41,378 Cr (YoY)
โถ๏ธEBITDA Up 16.4% At โน6,496 Cr Vs โน5,579 Cr (YoY)
โถ๏ธMargin At 14.1% Vs 13.5% (YoY)
โถ๏ธNet Profit โน2,410 Cr Vs โน719 Cr (YoY)
โถ๏ธRevenue Up 11.1% At โน45,991 Cr Vs โน41,378 Cr (YoY)
โถ๏ธEBITDA Up 16.4% At โน6,496 Cr Vs โน5,579 Cr (YoY)
โถ๏ธMargin At 14.1% Vs 13.5% (YoY)
#Market opens in the green, #Nifty above 23,900 with #JSWSteel, #UltraTechCement, #KotakMahindraBank, L&T & #Grasim being the top gainers.
Market breadth firmly in the favour of advances, #NSE advance-decline ratio at 4:1
Market breadth firmly in the favour of advances, #NSE advance-decline ratio at 4:1
#BizUpdate | #JSWSteel April Biz Update:
โถ๏ธApril consolidated crude steel production down 1% YoY at 21.18 lk tonnes
โถ๏ธIndia ops crude steel production down 1% YoY at 20.40 lk tonnes
โถ๏ธCapacity utilisation for Indian ops for April #excluding BF3 capacity was at approx 94%
โถ๏ธApril consolidated crude steel production down 1% YoY at 21.18 lk tonnes
โถ๏ธIndia ops crude steel production down 1% YoY at 20.40 lk tonnes
โถ๏ธCapacity utilisation for Indian ops for April #excluding BF3 capacity was at approx 94%
#Market opens higher, all major indices are in the green. #Nifty above 23,700 with #TataMotorsPV, #AdaniEnt, #PowerGrid, #AdaniPorts & #JSWSteel being the top gainers
Market breadth in the favour of advances, #NSE advance-decline ratio at 2:1
Market breadth in the favour of advances, #NSE advance-decline ratio at 2:1
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