MoneyWorks4Me

JSW Steel reports above 4 -fold jump in Q2 consolidated net profit

21 Oct 2021 Evaluate

JSW Steel has reported results for second quarter ended September 30, 2021.

The company has reported 3- fold jump in its net profit at Rs 5,383 crore for the quarter under review as compared to net profit of Rs 1,692 crore for the same quarter in the previous year. Total income of the company increased by 70.63% at Rs 28,919 crore for Q2FY22 as compared Rs 16,948 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported above 4 -fold jump in its net profit attributable to owners at Rs 7170 crore for the quarter under review as against net profit of Rs 1593 crore for the same quarter in the previous year. Total income of the company increased by 72.28% at Rs 33449 crore for Q2FY22 as compared Rs 19416 crore for the corresponding quarter previous year.

Peers
Company Name CMP
JSW Steel 1243.20
Tata Steel 183.90
Steel Authority 175.50
Jindal Stainless 738.00
APL Apollo Tubes 2121.00
View more..