JSW Steel consolidated net profit rises 235.42% in the March 2017 quarter

Capital Market May 18, 2017 Last Updated at 15:58 IST

Sales rise 57.06% to Rs 16287.30 crore

Net profit of JSW Steel rose 235.42% to Rs 1008.58 crore in the quarter ended March 2017 as against Rs 300.69 crore during the previous quarter ended March 2016. Sales rose 57.06% to Rs 16287.30 crore in the quarter ended March 2017 as against Rs 10369.92 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 3467.24 crore in the year ended March 2017 as against net loss of Rs 480.63 crore during the previous year ended March 2016. Sales rose 33.70% to Rs 54628.21 crore in the year ended March 2017 as against Rs 40857.54 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales16287.3010369.92 57 54628.2140857.54 34 OPM %19.4318.56 -22.2915.67 - PBDT2273.151136.47 100 8558.232980.31 187 PBT1395.26308.51 352 5128.36-342.25 LP NP1008.58300.69 235 3467.24-480.63 LP

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