JSW Steel Q1 results: Net profit jumps over two-fold to Rs 2,209 crore; crude steel output up 14% YoY
JSW Steel’s consolidated net profit more than doubled to Rs 2,209 crore in Q1, driven by lower expenses and increased volumes. While total income saw a marginal rise, crude steel production and sales volumes experienced significant year-on-year growth. The company has filed a review petition regarding the Supreme Court’s verdict on the Bhushan Steel and Power Ltd resolution plan.🕒 1 min read
JSW Steel’s consolidated net profit more than doubled to Rs 2,209 crore in Q1, driven by lower expenses and increased volumes. While total income saw a marginal rise, crude steel production and sales volumes experienced significant year-on-year growth. The company has filed a review petition regarding the Supreme Court’s verdict on the Bhushan Steel and Power Ltd resolution plan.
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