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  Business   Companies  06 Feb 2019  JSW Steel Q3 net profit falls 10 per cent to Rs 1,603 crore

JSW Steel Q3 net profit falls 10 per cent to Rs 1,603 crore

PTI
Published : Feb 6, 2019, 4:33 pm IST
Updated : Feb 6, 2019, 4:33 pm IST

The company had clocked a consolidated net profit of Rs 1,774 crore in the year-ago period.

Total income in the quarter under review increased 11 per cent to Rs 20,355 crore from Rs 18,306 crore in the October-December period of 2017-18.
 Total income in the quarter under review increased 11 per cent to Rs 20,355 crore from Rs 18,306 crore in the October-December period of 2017-18.

New Delhi: Domestic steel major JSW Steel on Wednesday reported a 9.96 per cent fall in consolidated net profit to Rs 1,603 crore for the October-December quarter of 2018-19.

The company had clocked a consolidated net profit of Rs 1,774 crore in the year-ago period, JSW Steel said in a BSE filing.

 

Its total income in the quarter under review increased 11 per cent to Rs 20,355 crore from Rs 18,306 crore in the October-December period of 2017-18.

Total expenses too increased almost 11 per cent to Rs 17,916 crore during the December quarter of 2018 as against Rs 16,188 crore in the corresponding period of the previous fiscal.

Shares of the company on Wednesday ended 2.06 per cent up at Rs 279.30 apiece on the BSE. 

Tags: jsw steel, shares, revenue, profit
Location: India, Delhi, New Delhi