JSW Steel Limited reported its financial results for the Third Quarter ended 31st December 2022.

The company's Net profit after Tax stood at Rs.474 crore, while Revenue from Operations was at Rs.39,134 crores.

During the Quarter, the combined crude steel production of JSW Steel was 6.24 Million tonnes, sequentially higher by 10%, mainly due to the ramp-up at 5mtpa Dolvi Phase-II expansion which achieved capacity utilisation of 85% vs. 80% in Q2 FY23. The re-starting of facilities at JSW Ispat Special Products (JISPL) after a maintenance shutdown that had commenced in Q2 FY23, and ongoing ramp-up of BPSL operations after expansion from 2.75mtpa to 3.5mtpa capacity, also contributed to higher production.