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JSW Steel’s quarterly profit more than triples to 52.79 billion rupees

India’s largest steelmaker by capacity said higher steel sales and firm flat steel prices offset elevated coking coal costs.

JSWSTEEL

JSW Steel NSE:JSWSTEEL, India's largest steelmaker by capacity, reported a jump in second-quarter profit on Friday, as higher steel sales and firm flat steel prices offset elevated coking coal costs.The Mumbai-based company's consolidated net profit surged over threefold to 52.79 billion rupees ($5…