JSW Steel Ltd.
21.15 (1.73%) JSW Steel reports 57% fall in Q1 consolidated net profit
Date: 29-07-2019JSW Steel has reported results for first quarter ended June 30, 2019.
The company has reported 39.14% fall in its net profit at Rs 1,423 crore for the quarter under review as compared to Rs 2,338 crore for the same quarter in the previous year. Total income of the company decreased by 7.68% at Rs 17,661 crore for Q1FY20 as compared Rs 19,131 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 56.90% in its net profit at Rs 1,008 crore for the quarter under review as compared to Rs 2,339 crore for the same quarter in the previous year. Total income of the company decreased by 3.03% at Rs 19,953 crore for Q1FY20 as compared Rs 20,577 crore for the corresponding quarter previous year.