JSW Steel Ltd.

JSW Steel has reported a growth of 15% in crude steel production for July 2011 at 5.99 lakh tonnes as compared to 5.20 lakh tonnes in corresponding month in the last fiscal year.

Rolled products (flat) production rose to 4.24 lakh tonnes in July 2011 compared to 4.12 lakh tonnes in July 2010, whereas Rolled products (long) production rose to 1.14 lakh tonnes in July 2011 compared to 0.93 lakh tonnes in July 2010.

JSW Steel posted 65.11% increase in net profit at Rs 578.32 crore for the quarter ended June 30, 2011 as compared to Rs 350.27 crore for the same quarter last year. Total Income has increased from Rs 4680.24 crore for the quarter ended June 30, 2010 to Rs 7086.26 crore for the quarter ended June 30, 2011 up by 51.41%.