JSW ISPAT Steel has reported results for second quarter ended September 30, 2012.
The company has reported a net profit of Rs 122.39 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 345.30 crore for the same quarter in the previous year. Total income from operation has increased marginally by 0.18% at Rs 2640.50 crore for quarter under review as compared to Rs 2635.78 crore for the quarter ended September 30, 2011.
The company is one of the leading integrated steel makers and the largest private sector producer of hot rolled coils in India. The company has a capacity of 4.6 mt and is the leader in the national specialty steel market.