JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1246.30
21.90 (1.79%)
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JSW Steel reports many jumps in Q3 consolidated net profit

Date: 22-01-2021

JSW Steel has reported results for third quarter ended December 31, 2020.

The company has reported 4-fold jumps in its net profit of Rs 2,829 crore for the quarter under review as against net profit of Rs 691 crore for the same quarter in the previous year. Total income of the company increased 22.05% at Rs 19,408 crore for Q3FY21 as compared Rs 15,902 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 12-fold jumps in its net profit attributable to owners at Rs 2,681 crore for the quarter under review as against net profit of Rs 211 crore for the same quarter in the previous year. Total income of the company increased by 21.03% at Rs 22,006 crore for Q3FY21 as compared Rs 18,182 crore for the corresponding quarter previous year.