JSW Steel Ltd. has confirmed the date for announcing its financial results for the quarter and year ending Mar. 31 2025. In an exchange filing, the company stated that a meeting of its board of directors will be held on May 23 to discuss and approve the quarter and full-year performance report.
Part of the JSW Group, JSW Steel is one of India's largest steel producers, with a capacity of 35.7 MTPA. The company has a strong presence in the US and several European countries.
JSW Steel Q4 Results: Date
JSW Steel Ltd. is slated to announce its Q4 and FY25 financial results on May 23.
"This is to inform you that a meeting of the Board of Directors has been convened to be held on Friday, May 23, 2025, to consider, inter alia, the Audited Financial Results of our Company for the quarter and year ended 31st March 2025," the company said in a notification to the stock exchanges on Mar. 27.
JSW Steel Q4 Results: Trading Window Closure
In a separate filing, JSW Steel said trading in securities of the company will remain suspended for designated persons and their immediate relatives between Apr. 1 to May 25, as per the regulatory requirements.
"We hereby inform you that pursuant to the Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders, under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of the Company by Designated Persons and their immediate relatives (as defined in the code) shall remain closed with effect from April 01, 2025, to May 25, 2025 (both days inclusive)," the notification read.
JSW Steel Share Price
Shares of JSW Steel Ltd. rose over a per cent on Thursday to touch an intraday high of Rs 1,069 apiece on the NSE on Thursday. The stock was seen trading 0.9% higher at Rs 1,064.05 apiece at around 2:51 pm.
Shares of JSW Steel have remained nearly flat, rising 0.76% to Rs 1,063 apiece over the past five trading sessions on the NSE. The stock has moved over 9% in a month and 6% over six months on the NSE. On a year-to-date basis, it has gained 17% and nearly 30% over the past year.
JSW Steel Q3 Performance
JSW Steel witnessed a muted financial performance in the third quarter of FY25 with net profit falling 70.3% year on year to Rs 717 crore in comparison to Rs 2415 crore in the year-ago period. The decline came on the back of a comprehensive loss of Rs 1,391 crore, an exceptional item and higher deferred taxes.
Revenue during the quarter under review dropped 1.4% to Rs 41,378 crore. Ebitda was down 22.3% YoY to Rs 5,579 crore. Margins shrunk to 13.5% from 17.1 in the year-ago period.
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