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Published 14:43 IST, October 25th 2024

JSW Steel posts bigger-than-expected Q2 profit drop on weak prices, demand

The country's biggest steelmaker by market cap reported a six-fold decline in profit to Rs 439 crore for the quarter ended June 30.

Reported by: Thomson Reuters
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JSW Steel JFE Steel partnership
Steel demand in the quarter remained lackluster as higher-than-normal rainfall in the country slowed activity in the infrastructure. | Image: JSW Steel
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14:43 IST, October 25th 2024