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DeepNewz, mobile.
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#JSWSteel reported a staggering 84.1% YoY decline in consolidated #netprofit to Rs 439 cr for #Q2FY25, down from Rs 2,760 cr last year. This decline is attributed to lower sales realisation from cheap #imports and an exceptional charge. @ishitaadutt https://t.co/Ek3FStBigK
#Q2WithETNOW | JSW Energy Q2 earnings fineprint What has caused in dip in revenue for the company? Sharad Mahendra of @JSWEnergy details the key factors that played a part Watch the full interview - https://t.co/vN8bq2baHM @SrishtiSharma_ @_sherylld @mahendra_sharad https://t.co/q3WNggTZtw
#2QWithCNBCTV18 | #JSWSteel reports Q2 earnings. The street looks to track the Impact of increased Chinese steel exports https://t.co/pGZDnl07Km
JSW Steel is set to announce its Q2FY25 financial results on October 25, 2024. Analysts predict a significant decline in the company's performance, with a projected 80% year-on-year decrease in profit after tax (PAT) and an anticipated revenue drop of up to 8.5%. A preliminary report indicates that the consolidated net profit for Q2FY25 may fall to Rs 439 crore, down from Rs 2,760 crore a year earlier, marking an 84.1% decline. This downturn is attributed to lower sales realization due to increased competition from cheap imports and an exceptional charge affecting earnings.