India: JSW Steel Profits Plunge by 35% in FY20 Amid Pandemic

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Company’s standalone net profit after tax stood at INR 5,291 Cr down by 35% on yearly basis in FY20 as compared to INR 8,121 Cr in FY19. However, on quarterly basis in Q4 FY20 profits fell to INR 242 Cr amid pandemic.


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