Conference Call with JSW Steel Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
JSW Steel announced Q4FY24 & FY24 results: Revenue from Operations: Rs 1,75,006 crore in FY24, Rs 46,269 crore in Q4FY24 Operating EBITDA: Rs 28,236 crore in FY24, Rs 6,124 crore in Q4FY24 Net Profit: Rs 8,973 crore in FY24, Rs 1,322 crore in Q4FY24 Net Debt to Equity: 0.93x and Net Debt to EBITDA: 2.62x Dividend of Rs 7.30 per share Highest ever VASP sales in Q4FY24, up 5% YoY; 62% share of total sales Highest ever quarterly Coated and Long products sales in Q4FY24, up 5% and 11% YoY, respectively Highest ever Tinplate sales in Q4FY24, up 14% YoY; Renewables (Solar+Wind) sales up 31% YoY Highest ever VASP sales volume in FY24, up 19%; 61% share of total sales Highest ever Construction and Infra sales in FY24, up 11%; highest ever Auto sales, up 5% Highest ever Renewable (Solar+Wind) sales in FY24, up 30%; Appliance segment sales up 11% Average India capacity utilization of 92% in FY24, 93% in Q4FY24 Consolidated crude steel production of 26.43mt in FY24 (up 9% YoY), 6.79mt in Q4FY24 (up 3% YoY) Consolidated steel sales of 24.78mt in FY24 (up 11% YoY), 6.73mt in Q4FY24 (up 3% YoY) Retail volumes in Q4FY24 FY24 up 16% QoQ but down 3% YoY. Branded products sales up 7% in FY24 Result PDF