JSW Steel on Friday reported a net profit of Rs 2,428 crore for the quarter ended June, which was 189% higher than Rs 839 crore posted in the same quarter last fiscal. The operating EBITDA for the said quarter stood at Rs 7,046 crore while EBITDA margin came in at 16.7%, the company said in a filing to the exchanges.

The shares of JSW Steel were up by over 2% and were trading at Rs 815 on the BSE around 12 pm. More to come…

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JSW Steel Q1 Results: PAT surges 189% YoY to Rs 2,428 crore; revenue up 11%

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