2025-07-18 03:40:06 pm | Source: Reuters
India`s JSW Steel beats first-quarter profit view as margins improve
India's JSW Steel reported a bigger-than-expected rise in first-quarter profit on Friday, as easing raw material costs and firmer domestic steel prices lifted margins. Its consolidated net profit more-than-doubled to 21.84 billion rupees ($253.52 million) for the three months ended June 30, above analysts' average estimate of 20.39 billion rupees, as per data compiled by LSEG.
($1 = 86.1475 Indian rupees)
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