JSW Steel made a profit of $332.89 million in July-September

Indian company JSW Steel Ltd reported that in the second quarter of the financial year 2023-24 (July-September 2023 calendar year) its net profit amounted to 27.73 billion Indian rupees ($332.89 million) against a net loss of 9 .15 billion Indian rupees ($108.84 million) for the same period a year earlier. In turn, the company's gross revenue for the above-mentioned period was at the level of 445.84 billion Indian rupees ($5.35 billion), with growth of 6.7% on an annual basis.

During the quarter under review, JSW Steel produced 6.41 million tonnes of crude steel, growing at 12.85% on a year-on-year basis.