Net profit of JSW Steel declined 64.55% to Rs 1299.00 crore in the quarter ended March 2024 as against Rs 3664.00 crore during the previous quarter ended March 2023. Sales declined 1.51% to Rs 45646.00 crore in the quarter ended March 2024 as against Rs 46346.00 crore during the previous quarter ended March 2023.For the full year,net profit rose 112.64% to Rs 8812.00 crore in the year ended March 2024 as against Rs 4144.00 crore during the previous year ended March 2023. Sales rose 5.46% to Rs 172588.00 crore in the year ended March 2024 as against Rs 163646.00 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales45646.0046346.00 -2 172588.00163646.00 5 OPM %13.2017.11 -16.2611.25 - PBDT4206.006258.00 -33 20963.0012538.00 67 PBT2012.004249.00 -53 12791.005064.00 153 NP1299.003664.00 -65 8812.004144.00 113 Powered by Capital Market - Live News

JSW Steel reported consolidated Crude Steel production for the month of April`24 at 21.21 lakh tonnes, 0.4% higher YoY. Capacity utilisation at Indian Operations stood at 88% for April`24. Iron ore availability constraints from Karnataka mines at Vijayanagar impacted the production volumes. The break-up of production is as below: (lakh tonnes) ParticularsApril 24 April 23  YoY   Indian operations20.55  20.33  1%    JSW Steel USA - Ohio 0.66  0.80  -18%    Consolidated production 21.21  21.13  0.4%  Powered by Capital Market - Live News

JSW Steel has achieved its highest ever annual consolidated crude steel production of 26.43 million tons, with a growth of 9% YoY.Crude Steel production for Q4 FY 24 stood at 6.79 Million tonnes, higher by 3% YoY. Capacity utilisation at Indian Operations level stood at 93% for Q4 FY 24. JSW Steel USA �Ohio reported better volumes on QoQ as well as YoY basis.The Company achieved combined annual production of 26.68 million tonnes against its guidance of 26.34 Million tonnes, which is a 101% achievement.Powered by Capital Market - Live News

JSW Steel announced that its wholly owned subsidiary, JSW Vijayanagar Metallics has successfully commissioned its Hot Strip Mill at its integrated steel plant at Vijaynagar with a capacity of 5 MTPA and has made its first dispatch. The HSM facility has capability of manufacturing plates, coils and is equipped with advanced features such as Digital Reheating Furnaces, Evaporative Cooling System and Waste Heat Recovery System, Attached Edger in Finishing mills for accurate width control, Auto Steering Control, uniform mechanical properties and production of superior value added grades.The HSM facility was lit-up on 17 March 2024, and after successful completion of trial runs and quality & delivery testing, the commercial manufacturing and sales have commenced. Powered by Capital Market - Live News

JSW Steel will hold a meeting of the Board of Directors of the Company on 17 May 2024.Powered by Capital Market - Live News