JSW Steel reports a Rs 915-crore Q2 loss due to high input costs, lower steel prices
Revenue improved by 29% year-on-year to Rs 41,778 crore. However, high input costs meant that the earnings before interest, tax, depreciation and amortisation (EBITDA) declined by 83% on-year to Rs 1,752 crore. EBITDA margin narrowed from 32% to 4.2%.
