The company posted its highest-ever quarterly crude steel production at 7.03 million tonnes (MT), higher by 2% year-on-year and 4% quarter-on-quarter. Saleable steel sales stood at 6.71 MT.

Despite record production and sales, JSW Steel’s Q3 revenue declined due to falling steel prices and increased imports.

India's JSW Steel reported a bigger-than-expected drop in third-quarter profit on Friday as lower prices and tepid demand continued to hurt the country's top steelmaker. Domestic steel mills have grappled with an influx of steel imports from China over the past year,

JSW Steel reported a 70.3% year-on-year (YoY) drop in consolidated net profit for Q3FY25, with earnings falling to Rs 717 crore due to declining steel prices, media reports said.