JSW Steel Q3 Results, Numbers missed the street estimates.

JSW Steel reported Q3 numbers on January 19, 2023. Net profit down 86% YoY missed the street estimates.

JSW Steel reported Revenue from operations of Rs.39,134 crores rose 2.79% YoY. It was Rs.38,071 crores in Q3 last year.

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JSW Steel reported a Net profit of Rs.474 crores down 86% YoY, which was far below the street estimates. It was Rs.4,516 crores in Q3 last year.

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JSW Steel reported EBITDA of Rs.4,547 crores down 50% YoY. It was Rs.9,132 crores in Q3 last year.

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JSW Steel reported an EPS of 2.03. It was 18.02 in Q3 last year.

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JSW Steel reported Debt to Equity of 1.09x. It was 1.02x in Q3 last year.

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JSW Steel reported Debt to EBITDA of 3.51x. It was 1.73x in Q3 last year.

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Sales volume grew by 24% YoY driven by higher domestic sales.

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