JSW Steel posts 64 pc decline in Q4 net profit at Rs 1,299 crore
New Delhi: JSW Steel on Tuesday reported a 12 per cent year-on-year rise in its consolidated crude steel production to 6.87 million tonnes (MT) in October-December period of ongoing fiscal. Its consolidated crude steel production was at 6.14 MT in the same period last financial year, according to a statement.
From its India operations, the company produced 6.63 MT of steel in October-December, up 9 per cent over 6.06 MT in the year-ago period. In India, the capacity utilisation level stood at 94 per cent in the third quarter. JSW Steel USA - Ohio produced 0.24 MT steel, up three-fold from 0.8 MT produced in October-December 2022-23. JSW Steel is the flagship business of the diversified $23 billion JSW Group.