MoneyWorks4Me

JSW Steel reports consolidated net loss of Rs 915 crore in Q2

21 Oct 2022 Evaluate

JSW Steel has reported results for second quarter ended September 30, 2022.

The company has reported net loss at Rs 91 crore for the quarter under review as compared to net profit of Rs 5383 crore for the same quarter in the previous year. However, total income of the company increased by 13.82% at Rs 32916 crore for Q2FY23 as compared Rs 28919 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 915 crore for the quarter under review as compared to net profit of Rs 7179 crore for the same quarter in the previous year. However, total income of the company increased by 25.46% at Rs 41966 crore for Q2FY23 as compared Rs 33449 crore for the corresponding quarter previous year.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
View more..