Tata Steel and JSW Steel, two major Indian steelmakers, have reported strong profits in their Q3 results. Tata Steel returned to profit with a ₹522 crore profit, driven by its Indian operations and cost reductions, while JSW Steel's quarterly profit quintupled to Rs 2,450 crore, attributed to higher output and strong demand in India. Indian cement maker ACC also beat Q3 profit estimates due to price hikes and strong demand.
JSW Steel quarter 3 profit jumps five-fold to Rs 2,450 crore https://t.co/kr50jK8okC https://t.co/B3IzXkPfra
Tata Technologies Q3 Results: Net profit rises 15% YoY to Rs 170 crore The profit is higher by 15% from Rs 148 crore reported in the previous year period. https://t.co/nSLx17PzYn
Top Indian steelmaker JSW's Q3 profit jumps five-fold on strong demand https://t.co/wOSkF1Qyz6 https://t.co/4qkJB4FqeH
JSW Steel’s quarterly profit quintuples, beating estimates, driven by higher output and strong demand in India https://t.co/JUKZgD2BY0
Indian cement maker ACC beats Q3 profit estimates on price hikes, strong demand https://t.co/1Tdm1JdR1S https://t.co/EFMpHBag7s
Tata Steel back in black, posts ₹522cr profit in Q3 https://t.co/aoeOp1INSP
Tata Steel returns to profit as a strong performance at its Indian operations and lower costs offset weakness at its European business https://t.co/2P4duNELSP