'Net
sales (including other operating income) of JSW Steel has declined 3.13% to Rs
44819 crore. Operating profit margin has
jumped from 13.24% to 14.23%, leading to 4.15% rise in operating profit to Rs
6,378.00 crore. Raw material cost as a %
of total sales (net of stock adjustments) decreased from 53.66% to 51.44%. Purchase of finished goods cost rose from
1.04% to 1.24%. Employee cost increased
from 2.52% to 2.67%. Other expenses
rose from 29.39% to 30.24%. Power and
Oil fuel cost rose from 8.07% to 9.66%.
Other direct service cost fell from 5.59% to 4.57%.
Consolidated
crude steel Production for the quarter stood at 7.63 million tonne, higher by
9% QoQ and 12% YoY. Capacity utilization at the Indian op...
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