'Net
sales (including other operating income) of JSW Steel has increased 0.48% to Rs
43147 crore. Operating profit margin has
jumped from 12.83% to 17.56%, leading to 37.50% rise in operating profit to Rs
7,576.00 crore. Raw material cost as a %
of total sales (net of stock adjustments) decreased from 51.17% to 47.92%. Purchase of finished goods cost rose from
0.17% to 1.28%. Employee cost increased
from 2.98% to 3.04%. Other expenses
fell from 32.55% to 30.27%. Power and
Oil fuel cost rose from 9.31% to 9.52%.
Other direct service cost fell from 7.86% to 4.29%.
Consolidated
crude steel production for the quarter stood at 7.26 million tonne, higher by
14% YoY. Capacity utilization at the Indian opera...
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