Jayaswal Neco Industries Limited — Updates, 25-04-2025: Press Release

Jayaswal Neco Industries Limited has reported operational and financial performance for FY 2024-2025. The Blast Furnace underwent a significant 84-day shutdown for capital repairs, but post-repairs, production has increased by 25%. The company achieved record production levels in various categories, including 70,145 MT in rolled products and 1,32,000 MT in sponge iron.

Financially, revenue from operations rose to ₹6,000 Cr, a slight increase from ₹5,934 Cr in the previous year. However, EBITDA dropped to ₹952 Cr, with an EBITDA margin of 16%, down from 18%. Profit Before Tax decreased to ₹103 Cr, while Profit After Tax fell to ₹113 Cr. Notably, the company has successfully reduced its secured debt by approximately 16% to ₹2,721 Cr. The capital expenditure for the repairs amounted to ₹307.48 Cr. Overall, while the shutdown affected profitability, the improvements in production capacity could position the company for better performance moving forward.