JSW Steel reported its September quarter results today, October 25, reporting an 85% year-on-year decline in net profit, which fell to ₹404 crore compared to ₹2,773 crore last year. This significant drop was impacted by an exceptional loss of ₹342 crore and a higher tax rate.
Revenue from operations was reported at ₹39,837 crore, reflecting an 11% year-on-year decrease from ₹44,821 crore, although it was in line with estimates.
