Revenue growth could come from volumes along with some price recovery. As input costs are soft, EBITDA margin may rise to 18-19 per cent if safeguard duty is in force
Sensex Today | Stock Market close, Monday, July 21, 2025:In the broader markets, the Nifty Midcap 100 rose 0.66 per cent, led by gains in Persistent Systems, UPL and L&T Finance
JSW Steel posted a 158 per cent year-on-year (Y-o-Y) jump in consolidated net profit at ₹2,184 crore for the June quarter, beating Bloomberg estimates of ₹2,095 crore.
Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations
JSW Group on Friday said its expansion plan will not be impacted by the Supreme Court order to set aside the acquisition of Bhushan Steel and Power Ltd (BSPL) through the insolvency process. JSW Steel Joint MD and CEO Jayant Acharya, in an earnings call, said that BPSL was not part of the brownfield expansion that the steel company took into account while setting the 50 million tonnes capacity target by 2030-31. "In our 50 MT tonne outlook (expansion) that we have given up to 2030-31, BPSL was not part of the brownfield expansion that which we have taken into account. So therefore, it will not impact our target which we have given," Acharya said, in an earnings call, said while replying to a question if the acquisition of BPSL asset going into legalities will affect JSW Steel's expansion plans. He also said that the company has filed a review in Supreme Court for BPSL case and believes there is a strong ground for the same. "For that 0.5 MnT (expansion) we will take a view. That is
The firm's total revenue, on a consolidated basis, increased 0.5 per cent to ₹43,147 crore from ₹42,943 crore last year. The Bloomberg estimate for revenue was ₹43,004 crore
The jump in profit can be attributed to easing raw material costs and firmer domestic steel prices
Sensex Today | Stock Market close, Friday, July 18, 2025: The Nifty Midcap 100 index fell 0.7 per cent and Nifty Smallcap 100 was down 0.82 per cent
Q1 FY26 company results, July 18: Indian Overseas Bank, L&T Finance, Bandhan Bank, and Mangalore Refinery are scheduled to release their April-June quarter earnings reports today
JSW Steel meets its iron ore requirements through a combination of captive mines and external purchases. It plans to add 1.5 million to 2 million tons of annual capacity at its Vijayanagar plant
The brokerage believes the stage is set for a strong turnaround in JSW Steel's margins and earnings, aided by both internal efficiencies and macro tailwinds.
Dividend stocks: Ten stocks will turn ex-date for their dividend and bonus issue on Tuesday, July 8, 2025; check all details here
India has extended import curbs on low-ash metallurgical coke, a key steelmaking input, from July 1 to December 31, 2025, to regulate supply and trade
Mahender Khandelwal, the RP for Bhushan Power and Steel Ltd, has claimed that the top court has overlooked certain critical documents and procedural compliances and committed certain 'errors apparent'
In a filing with the stock exchanges, the company said it filed a review petition before the Supreme Court on June 25, related to the judgment dated May 2
JSW Steel is keen to source coking coal from Mongolia but the company sees challenges from logistics point of view, a senior executive of the steel major said. Mongolia has been on the company's radar for exploring as a supply partner, but there are logistical challenges because it is a landlocked country, Arun Maheshwari, Director (Commercial & Marketing), said during an investor call. "As of now, we have not been able to take any quantity out of Mongolia," he said in reply to a question about sourcing coal from Mongolia. He said the challenge remains even if transportation is explored via countries in the neighbourhood of Mongolia like Russia and China. "(Coking coal) ...coming via Russia ...it is already very congested, and taking route from China is also a logistical constraint as of today," Maheshwari said, adding the company will continue to explore Mongolia as a source. "Our sourcing from Australia, Russia and US, Mozambique, Indonesia has been for long. So, it will ...
Following the status quo put on BPSL's liquidation, a parliamentary panel has deemed the existing IBC not up to the mark
The Supreme Court pauses NCLT proceedings to liquidate BPSL, observing that doing so may prejudice JSW's yet-to-be-filed review of its quashed resolution plan
JSW has until June 2 to file a review of the Supreme Court's May 2 judgment, which had rejected its ₹19,700 crore resolution plan and ordered the liquidation of the debt-laden company
JSW Steel shares rose after the Supreme Court order to maintain the status quo in the Bhushan Steel case.