JSW Steel is due to declare its Q3 earnings on Friday. It is expected to report a stellar set of numbers. On the top line, there will be a growth of close to around 15 percent, margins should come in at around 27 percent and this time around they are likely to report a big net profit that compares with a smaller one.
Key factors that play are domestic business has been doing well and there will be a bit of recovery even in international business.
In terms of sales volume, we are working with a number of around 3.9-4 million tonne so it will be more or less flattish because they are operating at peak capacity utilisation levels.Watch the video for more