JSW Steel PAT plunges 85%

  • Posted on October 26, 2024
  • By Financial Express
  • 4 Views
JSW Steel PAT plunges 85%

JSW Steel’s net profit dropped by 85% in the September quarter due to lower revenues and a one-time cost of Rs 342 crore. A provision of the same amount was made for surrendering an iron ore mine in Odisha. Despite increased crude steel production and capacity utilization, sales were down 3% due to decreased exports […]
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