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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-22 01:36:28 UTC

JSW Steel (JSWSTEEL)
on NSE: 1034.80 (+0.04%)

JSW Steel Reports XX% Profit Surge Despite Revenue Dip, Remains Cautious on Global Market

View: Positive

JSW Steel's consolidated net profit increased by XX% to ₹2,184.00 crore in Q1 FY24, despite a XXX% year-on-year revenue decline to ₹43,147.00 crore. The company saw production volume grow by 14%, sales volume by 9%, and domestic sales by 12%. EBITDA improved due to better sales prices. CEO Jayant Acharya noted steel price increases in April and May, with moderation in June and July. The company remains cautious about future quarters due to declining international steel prices, changing global trade flows, and geopolitical challenges.

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#Stocks #Market #JSWSTEEL

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