Returning ₹19,350 crore won’t be enough to compensate JSW Steel
According to a CareEdge Ratings report in March, BPSL has long-term/ short-term bank facilities worth ₹14,030 crore and commercial paper of ₹1,000 crore on its books. The report said that the company’s profitability showcased improvement in FY24, largely on the back of an increase in the sale of value-added steel products. BPSL, which owed ₹47,200…