Moneycontrol
Last Updated : Jan 31, 2018 05:10 PM IST | Source: PTI

JSW Steel Q3 net profit soars over 2-fold to Rs 1,774 crore

JSW Steel today reported an over two-fold rise in its consolidated net profit at Rs 1,774 crore for the quarter to December 2017.

JSW Steel today reported an over two-fold rise in its consolidated net profit at Rs 1,774 crore for the quarter to December 2017.

The company had posted a net profit of Rs 716 crore in the year-ago period, JSW Steel said in a filing to the BSE.

The Sajjan Jindal-led firm's total income rose to Rs 17,903 crore for the quarter under review, against Rs 15,345 crore in the same period a year ago.

Total expenses were at Rs 15,785 crore as compared to Rs 14,280 crore in the October-December quarter of the preceding fiscal.

Shares of JSW Steel today ended 0.19 percent higher at Rs 290.15 apiece on the BSE.
First Published on Jan 31, 2018 04:15 pm
Loading...
Sections
Follow us on
Available On