JSW Steel’s PAT more than doubles in Jun quarter on higher volumes, lower costs

JSW Steel witnessed a significant surge in net profit during the June quarter. The company's profit more than doubled, reaching Rs 2,209 crore. This boost was fueled by increased sales volume in India and reduced costs. Steel sales volume rose by 9% year-on-year, reaching 6.69 million tonnes. The company's EBITDA also saw a substantial increase of 37% year-on-year.