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JSW Steel Q3 preview: Street expects topline growth of 60%
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JSW Steel Q3 preview: Street expects topline growth of 60%
Jan 21, 2022 3:05 AM

JSW Steel will report its Q3 earnings on Friday. CNBC-TV18 poll expects topline growth of close to around 60 percent and operating profit that is the EBITDA should come up close to around 60 percent.

On a year-on-year basis, margins will be more or less at around 27-27.50 percent odd, though on a sequential basis there will be a sharp decline.

The revenue growth is going to be led by a few factors as on a year-on-year basis steel prices are up big time. The consolidation of Bhushan Power and Steel assets will add to volumes and will add to revenues as well.

Watch the accompanying video of CNBC-TV18’s Nigel D'Souza for more details.

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