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JSW Steel Limited Q2FY23; Company Sees Loss As Expenses Surged by 79%

JSW Steel Limited (NSE: JSWSTEEL) reported its Revenue, which increased 28% up to ₹41,778 Crores from ₹32,503 Crores year on year. However, the Net Profit declined to -₹915 Crores from ₹7,179 Crores year over year. The Crude Steel Production & Saleable Steel Sales were 4.95 MT & 5.74 MT respectively.  The Earnings per share is -₹3.53 for this quarter.

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