JSW Steel Q2

JSW Steel Q2 Results: Net Profit Plummets Over 85% To ₹404 Crore

JSW Steel reported a larger-than-anticipated decline in its second-quarter profit, with net earnings plunging over 85% to ₹404 crore ($52.23 million) for the quarter ending June 30. This sharp drop was primarily driven by a surge in imports of cheap finished steel, which pressured domestic prices to multi-year lows amid...