India's JSW Steel posts higher quarterly profit on strong flat steel demand, higher sales
23/10/2026 10:24
India's JSW Steel posts higher quarterly profit on strong flat steel demand, higher sales Oct 23 (Reuters) - JSW Steel JSTL.NS, India's largest steelmaker by capacity, reported a jump in second-quarter profit on Friday, as higher steel sales and firm flat steel prices offset elevated coking coal costs.
The Mumbai-based company's consolidated net profit surged over three-fold to 52.79 billion rupees ($555.86 million) for the quarter ended September 30.
($1 = 94.9700 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Ronojoy Mazumdar)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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