JSW Steel Ltd.

JSW Steel has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 95.79% rise in net profit at Rs 2416 crore for the quarter ended December 31, 2023 as compared to Rs 1234 crore for the same quarter in the previous year. Total income of the company increased by 7.83% at Rs 33696 crore for Q3FY24 as compared Rs 31250 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported over 5-fold jump in its net profit at Rs 2450 crore for Q3FY24 as compared to Rs 474 crore for the same quarter in the previous year. Total income of the company increased by 7.15% at Rs 42134 crore for Q3FY24 as compared Rs 39322 crore for corresponding quarter of the previous year.