JSW Steel Q2 net profit grows over 4-fold to Rs 7,179 crore
JSW Steel on Thursday posted an over four-fold jump in its consolidated net profit to Rs 7,179 crore for the second quarter ended September 30, mainly driven by higher income.
JSW Steel on Thursday posted an over four-fold jump in its consolidated net profit to Rs 7,179 crore for the second quarter ended September 30, mainly driven by higher income.
In a BSE filing, the company said it had reported Rs 1,595 crore net profit in the July-September quarter of the previous fiscal.
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Its total income in the quarter under review soared to Rs 33,449 crore from Rs 19,416 crore in the year-ago period.
The company's expenses stood at Rs 24,261 crore against Rs 16,958 crore a year ago.
JSW Steel Ltd is the flagship company of the diversified USD 13 billion JSW Group, which has a leading presence in sectors such as steel, energy, infrastructure, cement, sports, among others.
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