JSW Steel Preview Results On Fri 21 Jan22
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Video Source: www.youtube.com/watch?v=TsUE_Dkfrds
What should we expect from JSW Steel this quarter? • Steel companies are expected to report a muted set of earnings this time due to weak steel prices, rising coaking coal prices, weak domestic demand slowdown in exports. On a sequential basis, revenue is expected to come in at 35603 cr vs 32504 cr; up 9.5%. Rising coaking coal prices to impact EBIDTA margins. EBIDTA expected at 9605 cr vs 10417 cr, decline of 7.8%. EBIDTA margins expected at 27% vs 32% in Q2 FY22. PAT expected at 5410 cr vs 7190 cr, decline of 25%. EBITDA/tonne of steel companies is likely to witness a softening trend in Q3FY22E sequentially. Realisations are expected to increase marginally by Rs 1000-1300/tonne in Q3. Watch the video to know more! • Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 • Subscribe Now To Our Network Channels :- • Times Now : http://goo.gl/U9ibPb • The NewsHour Debate : http://goo.gl/LfNgFF • To Stay Updated Download the Times Now App :- • Android Google Play : https://goo.gl/zJhWjC • Apple App Store : https://goo.gl/d7QBQZ • Social Media Links :- • Twitter - http://goo.gl/hA0vDt • Facebook - http://goo.gl/5Lr4mC • G+ - http://goo.gl/hYxrmj • Website - www.etnownews.com
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