The company, headed by Sajjan Jindal, had produced 9.51 LT of crude steel in the same month last year. The numbers include steel production from Dolvi facility of erstwhile JSW Ispat Steel, which has now been merged into JSW.
The two companies signed the Business Transfer Agreements for the acquisition on October 5. JSW Steel had acquired the company through its now merged associate firm JSW Ispat Steel.
JSW Ispat Steel said it has recognised deferred tax asset of Rs 159.33 crore for the fourth quarter and Rs 293.31 crore for the nine months period ended March 31, 2013.
On March 15, 2013 Ispat Steel Holdings Limited sold 13,500,000 shares of JSW ISPAT Steel at Rs 9.06 on the NSE.
JSW ISPAT Steel has reported a standalone sales turnover of Rs 2,770.81 crore and a net loss of Rs 130.74 crore for the quarter ended Dec '12
Avoid JSW Steel and JSW ISPAT Steel, says Ambareesh Baliga, Market Analyst.
Expect 70-80% upside in JSW ISPAT Steel in next 18-24 months, says Aashish Tater, Head of Research, Fort Share Broking.
JSW ISPAT Steel has reported a sales turnover of Rs 2,973.06 crore and a net profit of Rs 478.24 crore for the quarter ended Jun '12
JSW ISPAT Steel has turned profitable in the quarter ended June 2012. The company has posted a profit of Rs 478 crore in the quarter as against loss of Rs 1130 crore in a year ago period, mainly led by tax credit worth Rs 779 crore.
JSW ISPAT Steel has declared its fourth quarter results. The comapny's Q4 net profit was at Rs 478 crore versus loss of Rs 1130 cr, YoY.
JSW ISPAT Steel has reported a sales turnover of Rs 2,735.71 crore and a net loss of Rs 345.30 crore for the quarter ended Sep '11
JSW Ispat Steel has signed a deal to refinance Rs 6,150 crore (USD 1.4 billion) of debt, enabling the company to come out from a corporate debt restructuring programme, two sources with direct knowledge of the matter said.