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Earnings

JSW Steel second-quarter profit beats forecasts on higher output, prices

Updated : October 26, 2018 06:19 AM IST

Net profit for the Mumbai-based firm in the three months through September rose to 21.26 billion rupees ($290 million) from 8.39 billion a year earlier.
The steelmaker posted more than 6 percent year-on-year growth in crude steel production to 4.18 million tonnes in the quarter, aided by higher capacity utilisation at its Vijayanagar and Salem steelworks.
JSW Steel second-quarter profit beats forecasts on higher output, prices

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