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Business Standard
08-08-2025
- Business
- Business Standard
Apollo Tyres slides after Q1 PAT slumps 96% YoY to Rs 13 cr
Apollo Tyres slipped 1.03% to Rs 431.45 after the company reported a 95.73% drop in consolidated net profit to Rs 12.88 crore in Q1 FY26 as against Rs 302 crore posted in Q1 FY25. However, revenue from operations grew by 3.56% YoY to Rs 6,560.76 crore in the quarter ended 30 June 2025. Profit before exceptional items and tax fell 11.88% YoY to Rs 408.56 crore in Q4 FY26. The firm reported exceptional items of Rs 370.20 crore during the quarter. The company reported an operating profit of Rs 868 crore for the quarter ended 30 June 2025, down 4.51% compared to Rs 909 crore reported in the same period a year ago. On the segmental front, the companys revenue from the Asia Pacific, Middle East, and Africa (APMEA) segment stood at Rs 4,828.70 crore (up 2.43% YoY), income from Europe was Rs 1,848.12 crore (up 7.77% YoY), while revenue from other regions stood at Rs 1,139 crore (up 16.20% YoY) during the period under review. Onkar Kanwar, chairman, Apollo Tyres said This quarters results reflect solid execution and a focus on profitable growth. Its encouraging to see Indian Operations performing in line with expectations -- driven particularly by strong momentum in the aftermarket segment. These results underscore the resilience of our business model and our ability to create long-term value for shareholders. Apollo Tyres' principal business activity is the manufacturing and sale of automotive tyres.
Business Standard
08-08-2025
- Business
- Business Standard
JSW Steel records 19% jump in crude steel production in July
JSW Steel reported consolidated Crude Steel production for the month of July'25 at 26.23 lakh tonnes. The total Crude Steel production was higher by 19% YoY. Capacity utilisation at Indian Operations stood at 92.5% for July'25. The break-up of production is as below: (Lakh Tonnes) Particulars Jul-25 Jul-24 % Change Indian Operations 25.52 21.4 19% JSW Steel USA - Ohio 0.72 0.75 Consolidated Production 26.24 22.15 19% Powered by Capital Market - Live News
Business Standard
08-07-2025
- Business
- Business Standard
JSW Steel records consolidated crude steel production of 7.26 Mnt in Q1 FY26
JSW Steel reported consolidated Crude Steel production for the first quarter of FY 2025-26 at 7.26 million tonnes. The Crude Steel production was higher by 14% YoY. However, it was lower by 5% QoQ primarily due to planned maintenance shutdowns of blast furnaces during the quarter. Post these planned maintenance shutdowns, the blast furnaces have been restarted and operating at optimum capacity levels. Accordingly, the capacity utilisation at Indian Operations stood at 87% for Q1 FY26. The break-up of production is as below: (Mnt) Particulars Q1 FY26 Q4 FY25 Q1 FY25 QoQ YoY Indian Operations 7.02 7.40* 6.12 -5% 15%JSW Steel USA - Ohio 0.24 0.23 0.23 Consolidated Production 7.26 7.63 6.35 -5% 14%*Including Trial run production of 0.21 Mnt in Q4'25
Business Standard
09-06-2025
- Business
- Business Standard
JSW Steel records 8% YoY growth in consolidated crude steel production in May'25
JSW Steel reported consolidated Crude Steel production for the month of May'25 at 22.73 Lakh tonnes. The May month Consolidated Crude Steel production was higher by 8% YoY and the year-to-date growth in Crude Steel production was 13%. The break-up of production is as below: (Lakh Tonnes) Particulars May'25 May'24 % Change Indian Operations 21.94 20.13 9% JSW Steel USA - Ohio 0.79 0.85 Consolidated Production 22.73 20.98 8% Capacity utilisation for May'25 at Indian Operations was at 80% primarily due to planned maintenance shutdown of one of the Blast Furnace at Dolvi. The Blast Furnace was restarted on 30 May'25.
Business Standard
09-06-2025
- Business
- Business Standard
JSW Steel registers 8% YoY growth in May'25 steel production volume
JSW Steel has recorded consolidated steel production of 22.73 lakh tonnes in May 2025, which is higher by 8% as compared with production volume of 20.98 lakh tonnes reported in May 2024. Indian operations produced 21.94 lakh tonnes of steel in May 2025, up 9% YoY. The steel production of JSW Steel USA Ohio, however, declined by 7% YoY to 0.79 lakh tonnes during the period under review. Capacity utilisation for May 2025 at Indian Operations was at 80% primarily due to planned maintenance shutdown of one of the blast furnace at Dolvi. The blast furnace was restarted on 30 May 2025. The cumulative steel production for FY26 (till May 2025) was 47.56 lakh tonnes, up 13% YoY. JSW Steel is the flagship business of the diversified, US$ 24 billion JSW Group. Over the last three decades, the company has grown from a single manufacturing unit to become India's leading integrated steel company with consolidated crude steel capacity of 35.7 MTPA including 1.5 MTPA in US. On a consolidated basis, net profit of JSW Steel rose 15.70% to Rs 1503 crore while gross sales declined 2.86% to Rs 44341 crore in Q4 March 2025 over Q4 March 2024. The scrip rose 0.20% to currently trade at Rs 1006.50 on the BSE.
