'Consolidated
net sales (including other operating income) of JSW Steel has declined 1.48% to
Rs 46269 crore. Operating profit margin
has declined from 16.91% to 13.24%, leading to 22.86% decline in operating
profit to Rs 6,124.00 crore. Raw
material cost as a % of total sales (net of stock adjustments) increased from
51.08% to 53.66%. Purchase of finished
goods cost rose from 0.95% to 1.04%.
Employee cost increased from 2.15% to 2.52%. Other expenses rose from 28.85% to
29.39%. Power and Oil fuel cost fell
from 8.74% to 8.07%. Other direct
service cost fell from 5.89% to 5.59%.
Consolidated
Crude Steel Production for the quarter stood at 6.79 million tonnes, lower by
1% QoQ and higher by 3% YoY. Cap...
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