'Net
sales (including other operating income) of JSW Steel have declined 10.99% to Rs
39684 crore. Operating profit margin has
dropped from 17.69% to 13.70%, leading to a 31.06% decline in operating profit
to Rs 5,437.00 crore. Raw material cost
as a % of total sales (net of stock adjustments) increased from 51.31% to
54.02%. The purchase of finished goods cost
fell from 0.41% to 0.29%. Employee costs increased from 2.62% to 3.00%. Other
expenses rose from 26.83% to 29.33%.
Power and Oil fuel costs rose from 9.13% to 9.56%. Other direct service costs rose from 4.34% to
4.44%.
The
Company registered operating EBITDA of Rs 5,437 crores, with an EBITDA margin
of 13.7% during the quarter. The EBITDA reduced by 1% QoQ as a sharp ...
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