JSW Steel net profit leaps to ₹4,191 crore

May 22, 2021 05:03 am | Updated 05:03 am IST - New Delhi

JSW Steel on Friday posted a manifold jump in its consolidated net profit to ₹4,191 crore for the quarter ended March 31.

The company had clocked a net profit of ₹188 crore in the corresponding quarter of the previous financial year, JSW Steel said in a BSE filing.

Total income in January-March 2021 rose to ₹27,095 crore, compared with ₹18,009 crore in the year-earlier period.

Total expense rose to ₹20,752 crore, against ₹17,056 crore the year earlier. On a standalone basis, JSW Steel’s net profit grew to ₹4,018 crore from ₹242 crore a year earlier.

Standalone total income during the quarter was at ₹24,593 crore from ₹15,423 crore in the same period of FY20.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.