Is my portfolio
One Report to Answer all your Questions!
JSW Steel Ltd.
BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1187.05
5.05 (0.43%) JSW Steel expects rise in sales and production in FY’13: Report
Date: 15-05-2012Steelmaker JSW Steel is expecting higher sales and production for the fiscal year 2012-13, according to a report.
The company is looking to sell 9 million tonnes of steel in FY’13, compared with 7.8 million tonnes in 2011-12 while, production is expected to rise to 8.5 million tonnes this fiscal year compared with 7.5 million tonnes a year ago.
The company reported a 9.62% fall in standalone net profit at Rs 752 crore for the quarter ended March 2012. It was Rs 832 crore in the corresponding period a year ago. However, total income was up 33.91% at Rs 9,593 crore as against Rs 7,164 crore in March 2011.