JSW Steel has managed to protect its profit margins despite uncertainty over US tariff and geopolitical developments. The cost saving measures and focus on value-added products have helped the company in a seasonally weak quarter. Jayant Acharya, Joint Managing Director & CEO, spoke to businessline on the way forward. Excerpts:

What led to sharp jump in profit?

The rise of profit was driven by a volume growth, product mix improvement and cost reduction which mitigated the price drop. However, quarter-on-quarter basis, profit was lower due to drop in prices though product mix and cost savings partly mitigate the impact. Moreover, the forex loss travelled to PAT level because this was unrealised forex loss. It was long-term borrowing and does not impact operational performance. We had gi

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