JSW Steel reported a consolidated net profit of ₹5,359 crore for July to September, up from ₹1,662 crore a year earlier. Revenue from operations rose 31% to ₹54,486 crore.

Crude steel output was a record 7.27 million tonnes, up 5%, and sales rose 13% to 7.46 million tonnes.

What helped

Steel prices were higher and interest costs lower. Demand from carmakers, appliance makers and renewable energy projects grew.

Rising coking coal costs remain a pressure. Net debt fell to ₹44,482 crore at the end of September.