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JSPL posts ₹339.40 crore net loss in Q4.
Weak demand, high costs dent profitability.
Focus shifts to cost-cutting and demand recovery.
New Delhi, April 30, 2025 — Jindal Steel & Power Limited (JSPL) reported a consolidated net loss of ₹339.40 crore for the quarter ended March 2025, marking a sharp reversal from a net profit of ₹610.67 crore in the same period last year.
The company attributed the decline to weak steel demand, higher input costs, and adverse market conditions both domestically and internationally. Revenue from operations stood at ₹13,750 crore for Q4 FY 2024-25, marginally down from ₹13,980 crore a year ago.
JSPL officials cited falling export volumes, sluggish construction and infrastructure demand, and rising raw material costs, especially for coking coal and iron ore, as key reasons for the quarterly loss.
Despite operational efficiencies at its Angul and Raigarh plants, the company faced pricing pressure amid volatile market conditions. JSPL’s management expressed confidence in a gradual recovery in the coming quarters, banking on improved domestic demand and government-led infrastructure spending.
The board also approved plans to optimize production costs and rationalize capital expenditure in the next fiscal year to navigate ongoing challenges.
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