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via thehindubusinessline.comBusiness & Companies

JSW Steel Q2 net profit triples on higher volumes and better realisation

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

JSW Steel has reported a net profit of ₹5,279 crore in the September quarter, a more than three-fold rise from the ₹1,623 crore it logged in the same period last year, on the back of better realisation.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong profit growth at a major Indian steelmaker, relevant for the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit was 5,279 crore in the September quarter.
  2. 02It was 1,623 crore in the same period last year.
  3. 03The rise reflects better realisation and higher volumes.

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