JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1183.40
-3.65 (-0.31%)
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JSW Steel’s crude steel production drops by 11% during April 2013

Date: 22-05-2013

JSW Steel’s crude steel production fell by 11% during April 2013 at 637,000 tonnes as against 715,000 tonnes produced in the corresponding period of the previous year. The production of rolled products (flat) contracted by 13% to 455,000 tonnes compared to 525,000 tonnes in April last year. Meanwhile, the production of rolled products (long) during the month declined by 17% at 128,000 tonnes as compared to 155,000 tonnes in April, 2012.

The company has reported a fall of 23.79% in its net profit at Rs 573.23 crore in Q4FY13 as compared to net profit of Rs 752.18 crore in the same quarter previous year. Total income of the company has decreased by 2.59% to Rs 9344.60 crore as compared to Rs 9593.00 crore in corresponding quarter last year.