JSW Steel Q1 Results Live : profit falls by 63.86% YOY
JSW Steel Q1 Results Live : Revenue increased by 1.73% YoY & profit decreased by 63.86% YoY
JSW Steel Q1 Results Live : JSW Steel declared their Q1 results on 19 Jul, 2024. The topline increased by 1.73% & the profit decreased by 63.86% YoY.
As compared to the previous quarter the revenue declined by 7.19% and the profit decreased by 34.95%.
The Selling, general & administrative expenses rose by 8.43% q-o-q & increased by 7.49% Y-o-Y.
The operating income was down by 16.01% q-o-q & decreased by 35.85% Y-o-Y.
The EPS is ₹3.45 for Q1 which decreased by 64.32% Y-o-Y.
JSW Steel has delivered 0.65% return in the last 1 week, 15.9% return in last 6 months and 5.82% YTD return.
Currently the JSW Steel has a market cap of ₹227009.2 Cr and 52wk high/low of ₹959.4 & ₹723 respectively.
As of 20 Jul, 2024 out of 28 analysts covering the company, 3 analysts have given Strong Sell rating, 4 analysts have given Sell rating, 7 analysts have given Hold rating, 9 analysts have given Buy rating & 5 analysts have given Strong Buy rating.
The consensus recommendation as on 20 Jul, 2024 was to Hold.
JSW Steel Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 42943 | 46269 | -7.19% | 42213 | +1.73% |
| Selling/ General/ Admin Expenses Total | 1248 | 1151 | +8.43% | 1161 | +7.49% |
| Depreciation/ Amortization | 2209 | 2194 | +0.68% | 1900 | +16.26% |
| Total Operating Expense | 39642 | 42339 | -6.37% | 37067 | +6.95% |
| Operating Income | 3301 | 3930 | -16.01% | 5146 | -35.85% |
| Net Income Before Taxes | 1380 | 2012 | -31.41% | 3480 | -60.34% |
| Net Income | 845 | 1299 | -34.95% | 2338 | -63.86% |
| Diluted Normalized EPS | 3.45 | 5.31 | -35.03% | 9.67 | -64.32% |
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