Sajjan Jindal-led JSW Steel on Friday, March 7, announced its consolidated crude steel production figures for February 2025, showcasing significant year-on-year (YoY) growth.
JSW Steel reported a consolidated crude steel production of 24.07 lakh tonnes in February 2025, marking a 12% YoY increase compared to 21.50 lakh tonnes in February 2024.
The company’s Indian operations produced 23.32 lakh tonnes, reflecting a 13% YoY rise from 20.59 lakh tonnes in the same month last year. Capacity utilisation for Indian operations stood at 93.5% during the month.
In contrast, JSW Steel USA – Ohio recorded a drop in production, reporting 0.75 lakh tonnes in February 2025, down from 0.91 lakh tonnes in February 2024.
For the quarter ending March 2025, JSW Steel achieved its highest-ever quarterly crude steel production at 7.03 million tonnes (MT), reflecting a 2% YoY increase and a 4% quarter-on-quarter (QoQ) rise.
Saleable steel sales during the quarter stood at 6.71 MT, while capacity utilisation of Indian operations was at 91%.
As of December 31, 2024, JSW Steel’s net debt stood at ₹80,921 crore, reflecting a reduction of ₹1,884 crore compared to the previous quarter. This decline was attributed to cash generated from operations and the release of working capital.
On March 10, 2025, JSW Steel share price traded 0.53% higher at ₹1016.55.15 at 9:22 AM (IST). According to BSE data, the stock recorded a total traded volume of 6312 shares, translating to a turnover of ₹64.08 lakhs.
According to exchange data, GMR Airports shares are trading at a price-to-earnings (P/E) ratio of 51.86x, based on its trailing 12-month earnings per share (EPS) of ₹19.62, and a price-to-book (P/B) ratio of 3.18 at the current price.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 10, 2025, 9:28 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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