ConCallIQ
Go Pro
JSWSTEEL Diversified 19 Jan 2024

JSW Steel Limited — Q3 FY24

JSW Steel reported a mixed Q3 FY24.

neutral medium
Compare with...
Revenue ₹41,940 Cr
EBITDA ₹7,180 Cr
EBITDA Margin 17.1%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

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.

Q2 FY24

Production and sales guidance on track for FY24

Management confirmed they are on track to achieve their production and sales guidance for FY24, with better volumes in H2 driven by BPSL capacity expansion and improved utilization.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Coking coal cost expected to moderate

Management expects current elevated coking coal prices to moderate, with Q3 costs likely about $30/ton higher than Q2 due to blending benefits, and further moderation thereafter.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1