JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1237.70
-7.85 (-0.63%)
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JSW Steel reports consolidated net profit of Rs 748.76 crore in Q2

Date: 22-10-2014

JSW Steel has reported results for second quarter ended September 30, 2014.

The company has posted over 7-fold rise its net profit at Rs 761.69 crore for the quarter ended September 30, 2014 as compared to Rs 101.25 crore for the same quarter in the previous year. The company’s total income has registered a growth of 4.87% at Rs 12172.65 crore for quarter under review as compared to Rs 11606.48 crore for the quarter ended September 30, 2013.

On consolidated basis, the company has reported a net profit after tax of Rs 748.76 crore against a net loss of Rs 115.55 crore in the September quarter of previous fiscal. The company’s total income has increased by 6.80% at Rs 13921.27crore for the quarter from Rs 13034.89 crore in the similar quarter of previous year.