Financials
- Revenue from Operations stood at ₹42,943 crore in Q1 with 1% Growth Y-O-Y
- Operating EBITDA: ₹5,510 crore in Q1
- Total sales volumes at 6.12mt, up 7% YoY but down 9% QoQ on lower exports
- Average India capacity utilisation of 87% in Q1
International Operations
- US: Sharp reduction in EBITDA on a QoQ and YoY basis due to a steep decline in steel prices and NRV losses.
- Italy: Performance was stable QoQ but down YoY on lower volumes.
Management Commentary
- Despite challenges, the company showed resilience with strong operational capabilities and strategic initiatives.
- Average capacity utilisation in India was 87%.
- The 30 MTPA Slurry Pipeline in Odisha was transferred to JSW Infrastructure Ltd. for better capital efficiency.
- Recognised as one of India's Best Employers 2024 and received the GreenCo Platinum and ET Edge awards for excellence.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.