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AM/NS India reports 67.6% drop in Ebitda
Business Standard
|May 01, 2025
ArcelorMittal Nippon Steel India (AM/NS India) on Wednesday reported a 67.6 per cent drop in earnings before interest, tax, depreciation and amortisation (Ebitda) to $101 million in the January-March quarter from $312 million last year.
ArcelorMittal Nippon Steel India (AM/NS India) on Wednesday reported a 67.6 per cent drop in earnings before interest, tax, depreciation and amortisation (Ebitda) to $101 million in the January-March quarter from $312 million last year. This was due to lower steel shipments and unfavourable market conditions. Sequentially, Ebitda was 24.1 per cent lower from $133 million in the December quarter.
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