11,468.07 TRY BIST 100 BIST 100
5.85 CNY CNY CNY
48.67 EUR EUR EUR
41.37 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
58.46 TRY Interest Interest
66.12 USD Fossil Oil Fossil Oil
58.46 USD Silver Silver
4.62 USD Copper Copper
106.78 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,005.48 TRY Gold (gr) Gold (gr)

JSW Steel's net profit decreased

Indian company JSW Steel announced its consolidated financial results for the fiscal year ending March 2023. The company's net profit decreased y-o-y, while sales increased.

JSW Steel's net profit decreased

According to JSW Steel's consolidated financial results for the fiscal year ending March 2023, the company's net profit decreased by 80.2% y-o-y to 41.39 billion rupees (about 69 billion yen).

Sales increased by 13.4

JSW Steel's sales increased by 13.4% to 1,659.6 billion rupees. This is a record level for the second year in a row.

High production costs negatively affected the company's profit

Higher production costs had a negative impact on the company's profit and EBITDA decreased by 52.5% to 185.47 billion rupees.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

India proposes 5 year anti-dumping duty on Chinese electrical steel

Tuesday, September 23, 2025

Assofermet reacted to the EU’s new anti-dumping procedure with disappointment and concern

Tuesday, September 23, 2025

Tata Steel will source natural gas from Gail at its Jamshedpur facility

Tuesday, September 23, 2025

India and Oman nearing conclusion of CEPA agreement

Monday, September 22, 2025

Crude steel production in Japan fell by 3.4% in August

Monday, September 22, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now