STEEL Sector: Q2 – FY 2017-18 was a good quarter as far as Indian STEEL sector is concern. Click here to see Q1 Results. For the numbers, 3 companies out of 5 able to registered improvements both in the Revenue as well as Profits in July to September quarter of 2017-18 as compared to same period last year (2 companies failed to do so) Market Leader Performance: Market leader TATA STEEL registered 21.77% growth in Revenues and a wooping 418.54% growth in Profits as compared to the same
Browsing tag: JSW Steel
STEEL Sector: Q1 – FY 2017-18 was bad for the Indian STEEL sector. Almost all the companies have posted a weak set of numbers in the quarter. For the numbers, only 1 company out of 5 able to registered positive improvements both in the Revenue as well as Profits in April to June quarter of 2017-18 as compared to the same period last year – rest 4 companies fail to do so. The Common Parameters for such Dismal Performance for the Sector The current quarter was marked by industry wide
Steel Sector (Large) Q4 was again fantastic as far as Steel Sector (Large) is concern. Almost all the companies have shown strong performance in the quarter. Click here for Q3 Results. For the numbers, the profits of the companies were UP in the range of 172% to 445%, while revenues were up in the range between 12% to 60%. Steel major and market leader Tata Steel reported a stellar set of numbers for the fourth quarter on a standalone basis, which was largely boosted by an outperformance