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Press Release JSW Steel Limited Jan 22 , 2021 JSW Steel : 30 and 9M FY2021 Results JSW Steel reports its best quarterly EBITDA of * 5,946 crore Mumbai , India : JSW Steel Limited ( " JSW Steel " or the " Company " ) today reported its results for the Third Quarter and Nine Months ended 31st December , 2020 ( “ 3Q FY2021 " or the " Quarter " and " 9M FY2021 " or the " Nine Months " respectively ) . Key highlights for 3Q FY2021 : Standalone Performance : ■ Crude Steel production : 4.08 million tonnes , up 6 % QoQ ■ Saleable Steel sales : 3.90 million tonnes , lower by 5 % QoQ ■ Revenue from operations : ₹ 19,239 crore , up by 15 % QoQ ■ Best quarterly Operating EBITDA : ₹ 5,633 crore , strong margin of 29.3 % ■ Net profit after tax : 2,829 crore , up 67 % QoQ Consolidated Performance : ■ Saleable Steel sales : 3.95 million tonnes , lower by 5 % QoQ ■ Revenue from operations : ₹ 21,859 crore , up by 13 % QoQ ■ Best quarterly Operating EBITDA : ₹ 5,946 crore , strong margin of 27.2 % ■ Net profit after tax : 2,669 crore , up 67 % QoQ ■ Reduced net debt by 1,099 crore Net Debt / Equity of 1.29x and Net Debt / EBITDA of 3.53x Operational Performance 3Q FY2021 : The details of production and standalone sales volumes for the quarter are as under : ( million tonnes ) Particulars 3Q FY2021 3Q FY2020 Production : Crude Steel 4.08 4.02 10.89 % YOY 9M FY2021 9M FY2020 2 % % YOY 12.09 -10 % Sales : - Rolled : Flat 2.92 2.98 - 2 % 8.03 8.22 - 2 % - Rolled : Long 0.91 0.88 4 % 2.14 2.66 - 19 % - Semis 0.06 0.18 - 64 % 0.64 0.50 28 % Total Saleable Steel 3.90 4.03 - 3 % 10.82 11.38 - 5 % Page 1 of 6 N