Q4 Results: JSW Steel’s Profit Halves As Margin Contracts

JSW Steel Ltd.’s profit in the March-ended quarter nearly halved as the steelmaker’s operating margin dropped.

Signage for JSW Steel Ltd. is seen on the exterior of the company’s manufacturing facility in Dolvi, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)

JSW Steel Ltd.’s quarterly profit fell by half as the steelmaker’s operating margin dropped.

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