JSW Steel Reports Threefold Profit Rise, Plans Capacity Expansion
JSW Steel’s consolidated net profit rose threefold year over year to ₹5,279 crore in the September quarter, while sales volumes increased 13% to a record. The company also approved an additional 5 million tonnes of capacity.
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JSW Steel Net Jumps 3-Fold to 5,279 cr
JSW Steel’s consolidated net profit for the September quarter rose three-fold year on year to 5,279 crore. Sales volumes increased 13% year on year to an all-time high, supporting the profit growth. The company, the country’s largest steel-maker by capacity, also approved an additional 5 million t…