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JSW Steel gains after crude steel production climbs 12% YoY in February 2025

10-Mar-25 10:25 Hrs IST

The Indian unit of the company registered steel production volume of 23.32 lakh tonnes in February 2025, registering the growth of 13% as compared with 20.59 lakh tonnes volume in February 2024. The capacity utilization at Indian operations stood at 93.5% in February 2025.

Ohio-based JSW Steel USA has reported steel production volume of 0.75 lakh tonnes for the February 2025, recording de-growth of 70.65% as compared with 0.91 lakh tonnes recorded in February 2024.

JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company.

The company reported 70.65% decline in consolidated net profit to Rs 719 crore in Q3 FY25 compared with Rs 2,450 crore in Q3 FY24. Revenue from operations declined 1.32% YoY to Rs 40,793 crore during the quarter.

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