JSW STEEL LIMITED - Quarterly Result Update Q4'25

$JSWSTEEL Q4FY25, Margin Improved and Capex during Q4 FY25 was Rs 3,719 crore, in line with street’s estimates Net sales (including other operating income) of JSW Steel has declined 3.13% to Rs 44819 crore. Operating profit margin has jumped from 13.24% to 14.23%, leading to 4.15% rise in operating profit to Rs 6,378.00 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 53.66% to 51.44%. Purchase of finished goods cost rose from 1.04% to 1.24%. Employee cost increased from 2.52% to 2.67%. Other expenses rose from 29.39% to 30.24%. Power and Oil fuel cost rose from 8.07% to 9.66%. Other direct service cost fell from 5.59% to 4.57%. Consolidated crude steel Production for the quarter stood at 7.63 million tonne, higher by 9% QoQ and 12% YoY. Capacity utilization at the Indian operations was 93% during the quarter vs. 91% in Q3 FY25. Steel sales for the quarter stood at 7.49 million tonnes, higher by 12% QoQ and 11% YoY. Domestic sales at 6.72 million tonnes were higher by 12% QoQ and 30% YoY. The Institutional sales volumes increased 11% QoQ and 33% YoY while Retail sales increased 15% QoQ and 25% YoY. Exports were stable QoQ at 8% of sales from the Indian operations. The company achieved consolidated annual production of 27.79 million tonne and sales of 26.45 million tonne. Other income fell 4.96% to Rs 230 crore. PBIDT rose 1% to Rs 6321 crore. Provision for interest rose 1.55% to Rs 2094 crore. Loan funds rose to Rs 98,752.00 crore as of 31 March 2025 from Rs 87,984.00 crore as of 31 March 2024. Inventories declined from Rs 37,815.00 crore as of 31 March 2024 to Rs 34,956.00 crore as of 31 March 2025. Sundry debtors were higher at Rs 8,415.00 crore as of 31 March 2025 compared to Rs 7,548.00 crore as of 31 March 2024. Cash and bank balance rose to Rs 13,285.00 crore as of 31 March 2025 from Rs 12,348.00 crore as of