<p>New Delhi: JSW Steel on Friday reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income.</p>.<p>The steelmaker had suffered a loss of Rs 915 crore in the second quarter of the last financial year.</p>.Musk’s wealth shrinks by $16 billion after Tesla earnings miss.<p>The total income increased to Rs 44,821 crore in the second quarter of the current fiscal as against Rs 41,966 crore a year ago, JSW Steel said in a regulatory filing.</p>.<p> JSW Steel's expenses were lower at Rs 40,801 crore in the quarter under review against Rs 43,354 crore in the year-ago quarter. Part of O P Jindal Group, JSW Steel is a leading steel-producing company in India. </p>
<p>New Delhi: JSW Steel on Friday reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income.</p>.<p>The steelmaker had suffered a loss of Rs 915 crore in the second quarter of the last financial year.</p>.Musk’s wealth shrinks by $16 billion after Tesla earnings miss.<p>The total income increased to Rs 44,821 crore in the second quarter of the current fiscal as against Rs 41,966 crore a year ago, JSW Steel said in a regulatory filing.</p>.<p> JSW Steel's expenses were lower at Rs 40,801 crore in the quarter under review against Rs 43,354 crore in the year-ago quarter. Part of O P Jindal Group, JSW Steel is a leading steel-producing company in India. </p>