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JSW Steel reported highest ever consolidated Crude Steel production for the fourth quarter of FY 2024-25 at 7.63 million tonnes. The Crude Steel production was higher by 9% QoQ and 12% YoY.
JSW Steel recorded its highest ever quarterly Indian operation's Crude Steel production at 7.40 million tonnes, which was higher by 9% QoQ & 13% YoY. Capacity utilisation at Indian Operations excluding trial run stood at 93% for Q4 FY25.
The break-up of production is as below: (Mnt)
*Including Trial run production of 0.21 Mnt in Q4'25 v/s 0.12 Mnt for Q3'25
5 MTPA Integrated Steel Project at Vijayanagar, set up by wholly owned subsidiary of the Company, JSW Vijayanagar Metallics Ltd. (JVML), is progressing well. Post commissioning of 4.5 MTPA Blast Furnace, Raw Material Handling System and Sinter Plant in Q2 FY25, JVML commissioned one out of the two Convertors and Castors at the Steel Melt Shop during Q3 FY25. The ramp up of production at the 5 MTPA JVML integrated facility is progressing well. Once fully ramped up, the total crude steel capacity at Vijayanagar will increase to 17.5 MTPA, contributing to JSW Steel's overall Indian operation's crude steel capacity at 34.2 MTPA.
The production volume for the FY25 is as follows: (Mnt)
*Including Trial run production of 0.33 Mnt
Further, the firm achieved its highest ever quarterly Indian operation’s crude steel production at 7.40 million tonnes, which was higher by 9% QoQ & 13% YoY. Capacity utilisation at Indian operations, excluding trial run stood at 93% for Q4 FY25.
Ohio-based JSW Steel USA has reported a steel production volume of 0.23 million tonnes for March 2025, recording de-growth of 8% compared with 0.25 million tonnes recorded in March 2024.
A key driver of growth is the ramp-up of the 5 MTPA integrated steel project at Vijayanagar by JSW Vijayanagar Metallics. Following key component commissions, JVML launched one of the two convertors and castors at the steel melt shop in Q3 FY25. Once fully ramped up, the Vijayanagar facility’s crude steel capacity will reach 17.5 MTPA, increasing JSW Steel’s total Indian operations’ capacity to 34.2 MTPA.
JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company.
The company reported a 70.65% decline in consolidated net profit to Rs 719 crore in Q3 FY25 compared with Rs 2,450 crore in Q3 FY24. Revenue from operations declined 1.32% YoY to Rs 40,793 crore during the quarter.
Shares of JSW Steel slipped 8.19% to Rs 924.70 on the BSE.