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JSW Steel Ltd.
BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1187.05
5.05 (0.43%) JSW Steel reports 64% fall in Q1 consolidated net profit
Date: 19-07-2024JSW Steel has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 29.33% fall in its net profit at Rs 1205 crore for the quarter ended June 30, 2024 as compared to Rs 1705 crore for the same quarter in the previous year. Total income of the company decreased by 0.54% at Rs 33050 crore for Q1FY25 as compared to Rs 33229 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 64.29% fall in net profit at Rs 867 crore for Q1FY25 as compared to Rs 2428 crore for the same quarter in the previous year. However, total income of the company increased by 1.32% at Rs 43107 crore for Q1FY25 as compared to Rs 42544 crore for the corresponding quarter previous year.