JSW Steel shares climbed 6% to Rs 1,260 apiece on October 26 as the Mumbai-based company's consolidated net profit surged to Rs 5,279 crore for the quarter ended September 30, from Rs 1,623 crore a year ago.
JSW Steel's sales volume rose 13% year-on-year in the quarter.
The company's operating EBITDA margin was 18.57% versus 15.76% a year earlier.
JSW Steel's raw materials costs climbed 12.5%, pushing total expenses up by 12% to Rs 48,168 crore.
Revenue from operations rose 21% to Rs 54,486 crore, beating analysts’ expectations of Rs 50,494 crore, according to data compiled by LSEG.