← Back to feedRead original →
VERIFIEDET Stocks·positive
JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 years
AI Summary
- ·JSW Steel reported a nearly 13-fold surge in profit for the March quarter, driven by an exceptional gain and record volumes.
- ·The company plans to double its capacity in six years.
- ·JSW Steel is targeting 78 million tonne capacity by FY32, supported by joint ventures, higher capital expenditure, and strong domestic steel demand growth outlook.