JSW Steel Q2 net jumps 29 per cent to Rs 836 crore
By PTI | Published: 31st October 2017 04:53 PM |
Last Updated: 31st October 2017 06:21 PM | A+A A- |
The domestic steel producers, including SAIL, JSW Steel and Essar Steel, had complained of surge in imports of steel products. | (File/Reuters)
NEW DELHI: JSW Steel today reported a 29 per cent rise in its July-September quarter consolidated net profit at Rs 836 crore.
Its consolidated net profit stood at Rs 647 crore in the corresponding period last year, JSW Steel said in a statement.
Total income grew to Rs 16,857 crore during the July- September period from Rs 14,451 crore in the year-ago quarter.
Total expenses moved higher at Rs 15,583 crore from Rs 13,319 crore a year ago.
Shares of the company today ended 2.22 per cent down at Rs 257.85 apiece on the BSE. PTI ABI MKJ .
This is unedited, unformatted feed from the Press Trust of India wire.
