• JSW Steel and JFE Steel agree to establish cold rolled grain oriented electrical steel manufacturing JV in India. • In other news, NCLT approved resolution plan of JSW Steel Coated Products for National Steel & Agro Industries Limited (NSAIL).
• Net profit was down 15.3% YoY at Rs 546.2 cr. • Revenue was up 16.7% YoY at Rs 4,785.1 cr. • EBITDA was up 2% YoY at Rs 892.4 cr. • Margin came at 18.7% vs 22.2% YoY.
• Net profit was down 22.9% YoY at Rs 99.7 cr. • Revenue was down 8.3% YoY at Rs 616.9 cr. • EBITDA was down 21.3% YoY at Rs 123.5 cr. • Margin came at 20.1% vs 23.3% YoY.
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