'Consolidated
net sales (including other operating income) of JSW Steel has increased 1.73%
to Rs 42943 crore. Operating profit
margin has declined from 16.69% to 12.83%, leading to 21.80% decline in
operating profit to Rs 5,510.00 crore.
Raw material cost as a % of total sales (net of stock adjustments)
decreased from 52.43% to 51.17%.
Purchase of finished goods cost fell from 0.64% to 0.17%. Employee cost increased from 2.61% to
2.98%. Other expenses rose from 28.45%
to 32.55%. Power and Oil fuel cost rose
from 8.51% to 9.31%. Other direct
service cost rose from 6.58% to 7.86%.
Consolidated
crude steel production for the quarter stood at 6.35 million tonne, lower by 1%
YoY and 6% QoQ. Capacity utilizatio...
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