JSW Steel share price gained over a percent on Thursday amid strong buying momentum. JSW Steel shares rose as much as 1.16% to an intraday high of ₹1,068.40 apiece on the BSE.
JSW Steel has announced the date on which the company will declare its financial results for the fourth quarter of FY25 and full financial year 2024-2025.
JSW Steel will declare its Q4 results 2025 on May 23, 2025, Friday. The meeting of the company’s board of directors is scheduled on this day to consider and approve the Q4FY25 results.
“This is to inform you that a meeting of the Board of Directors has been convened to be held on Friday, May 23, 2025, to consider, inter alia, the Audited Financial Results of our Company for the quarter and year ended 31st March 2025,” JSW Steel said in a regulatory filing on March 27.
As per the SEBI regulations, the trading in JSW Steel shares will remain closed for designated persons from April 1 to May 25.
“We hereby inform you that pursuant to the Company’s Code of Conduct to Regulate, Monitor and Report trading by Insiders, under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of the Company by Designated Persons and their immediate relatives (as defined in the code) shall remain closed with effect from April 01, 2025 to May 25, 2025 (both days inclusive),” JSW Steel said.
JSW Steel on January 24 reported a consolidated net profit of ₹719 crore for the third quarter of FY25, registering a decline of 70% from ₹2,450 crore in the year-ago quarter. However, on a sequential basis, JSW Steel’s net profit increased by 78% from ₹404 crore in the September quarter.
The company’s revenue from operations in Q3FY25 was at ₹41,378 crore, as against ₹41,940 crore, year-on-year (YoY). The revenue increased by 4% compared to ₹39,837 crore, quarter-on-quarter (QoQ).
At the operating level, earnings before interest tax depreciation and amortisation (EBITDA) increased 3% QoQ to ₹5,579 crore, as a fall in steel realisations was offset by higher volumes and lower costs primarily coking coal, as per the company. On YoY basis, operating EBITDA dipped sharply compared from ₹7,180 crore mainly due to a rise in costs, while sales realisations have not improved much.
JSW Steel share price gained 9% in one month, and more than 17% on a year-to-date (YTD) basis. The stock rallied 30% in one year and has delivered multibagger returns of 600% in the past five years.
At 2:00 PM, JSW Steel shares were trading 0.53% higher at ₹1,061.70 apiece on the BSE, commanding a market capitalisation of over ₹2,59,633 crore.
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