20-10-2023 04:22 PM | Source: Reuters
India`s JSW Steel swings to profit in Q2 on lower costs

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JSW Steel, India's largest steelmaker by capacity, swung to profit in the second quarter on Friday, helped by lower input costs.

The company reported consolidated net profit of 27.60 billion rupees ($332.15 million) in the quarter ended Sept. 30 from 8.48 billion rupees loss a year earlier.