JSW Steel Ltd.
21.15 (1.73%) JSW Steel reports 7% fall in Q3 consolidated net profit
Date: 07-02-2019JSW Steel has reported results for third quarter ended December 31, 2018.
The company has reported a rise of 68.03% in its net profit at Rs 1,892 crore for the quarter under review as compared to Rs 1,126 crore for the same quarter in the previous year. Total income of the company increased by 9.52% at Rs 18,460 crore for Q3FY19 as compared Rs 16,856 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 7.36% in its net profit at Rs 1,624 crore for the quarter under review as compared to Rs 1,753 crore for the same quarter in the previous year. However, total income of the company increased by 11.19% at Rs 20,355 crore for Q3FY19 as compared Rs 18,306 crore for the corresponding quarter previous year.