The Sajjan Jindal-led company had posted a net profit of Rs 1,120 crore in the year-ago period.
Total revenue from operations, however, rose 23.98 per cent to Rs 15,977 crore as against Rs 12,886 crore reported in the June quarter of the previous fiscal, JSW Steel said in a BSE filing.
Expenses were at Rs 15,124 crore in the quarter under review, up 32.86 per cent as compared to Rs 11,383 crore in the year-ago period.
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