JSW Steel Ltd.

JSW Steel has reported results for second quarter ended September 30, 2012.

On Standalone basis, the company has posted a rise of 546.83% in its net profit at Rs 822.26 crore for the quarter ended September 30, 2012 as compared to Rs 127.12 crore for the same quarter in the previous year. Total income has increased by 16.64% at Rs 8949.16 crore for quarter under review as compared to Rs 7669.76 crore for the quarter ended September 30, 2011.

On Consolidated basis, the company has reported a net profit of Rs  691.25 crore for the quarter ended September 30, 2012 against net loss of Rs 669.32 crore for the corresponding period last fiscal.  Total income increased by 16.94% at Rs 9541.29 crore during the quarter under review from Rs 8158.88 crore in the year-ago period.