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JSW Steel’s Q1 profit soars 2x YoY on robust topline growth
JSW Steel's profit more than doubled year-on-year to 4,696 crore in the June quarter. Robust revenue growth and higher volumes aided the company's strong financial performance. Consolidated revenue from operations rose around ten percent on year to 47,364 crore. Total expenses grew less than four percent on year, which helped profitability. The company's net debt also saw a significant reduction during the period.
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economictimes.indiatimes.com
JSW Steel Q1 Results: Net profit doubles to Rs 4,696 crore
JSW Steel has showcased impressive financial growth in the first quarter of the fiscal year, with its net profit skyrocketing to Rs 4,696 crore, a significant climb compared to…
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thehindubusinessline.com
JSW Steel Q1 profit doubles to ₹4,696 cr
JSW Steel on Friday said its consolidated net profit more than doubled to Rs 4,696 crore in the quarter ended June 30, supported by increase in revenues.
