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JSW Steel reports 12% rise in Q4 consolidated net profit

19 May 2023 Evaluate

JSW Steel has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 7.62% rise in its net profit at Rs 2838 crore for the quarter under review as compared to Rs 2637 crore for the same quarter in the previous year. Total income of the company increased by 3.51% at Rs 37705 crore for Q4FY23 as compared to Rs 36427 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 11.91% rise in its net profit at Rs 3741 crore for fourth quarter ended March 31, 2023 as compared to Rs 3343 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.63% at Rs 47427 crore for Q4FY23 as compared to Rs 47128 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 70.44% fall in its net profit at Rs 4937 crore as compared to Rs 16702 crore for the previous year. However, total income of the company increased by 10.36% at Rs 133259 crore for year under review as compared to Rs 120749 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 80.23% fall in its net profit at Rs 4139 crore as compared to Rs 20938 crore for the previous year. However, total income of the company increased by 12.91% at Rs 166990 crore for year under review as compared to Rs 147902 crore for year ended March 31, 2022.

JSW Steel Share Price

1274.85 34.95 (2.82%)
20-Apr-2026 16:59 View Price Chart
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