JSW Steel Limited — Q2 FY25
JSW Steel reported Q2 FY25 consolidated revenue of INR 39,684 crore, down 8% QoQ, with EBITDA of INR 5,437 crore (margin 13.7%) and PAT of INR 404 crore.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY25
Q2 raw material cost savings: coking coal down $23-$28/ton, iron ore softer.
Benefits from lower input costs expected to improve steel spreads in Q2.
Partial / close
Current-quarter commentary contains related evidence, but delivery is not conclusive enough for a clean met verdict.
heuristic_v1
Q1 FY25
New capacities at Vijayanagar and BPSL to ramp up in Q3 FY25.
Blast furnace and SMS at Vijayanagar commissioning by end-July/August; BPSL phase two ramp-up by Q3.
Partial / close
Current-quarter commentary contains related evidence, but delivery is not conclusive enough for a clean met verdict.
heuristic_v1