JSW Steel Q1 Profit Drops 64% to Rs 867 Crore
Jul 19, 2024 16:18
JSW Steel reported a 64% decline in net profit to Rs 867 crore for the June quarter, compared to Rs 2,428 crore in the same period last year. Total income rose to Rs 43,107 crore.
Photograph: Kind courtesy JSW Steel
New Delhi, Jul 19 (PTI) JSW Steel on Friday posted 64 per cent fall in consolidated net profit to Rs 867 crore for the June quarter.
It had reported Rs 2,428 crore net profit in the year-ago period, the company said in an exchange filing.
The company's total income rose to Rs 43,107 crore from Rs 42,544 crore in the April-June period of preceding 2023-24 fiscal.
Its expenses rose to Rs 41,715 crore from Rs 39,030 crore a year ago.
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