JSW Steel Ltd.

JSW Steel has reported results for first quarter ended June 30, 2014.

The company has reported a net profit of Rs 801.37 crore as compared to net loss of Rs 220.76 crore for the quarter ended June 30, 2013. Its total income has increased by 23.48% to Rs 11644.34 crore for the quarter under review from Rs 9430.41 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported net profit after taxes, minority interest and share of profit / (loss) of associates of Rs 656.49 crore for the quarter as compared to net loss of Rs 381.82 crore for the same quarter in the previous year. Its total income has increased by 29.33% at Rs 13307.74 crore for quarter under review as compared to Rs 10289.80 crore for the quarter ended June 30, 2013.