Thursday, 18 May 2017

JSW Steel's Q4 standalone net profit up 173%

Steel major JSW Steel on Wednesday reported an increase of 173 per cent in its standalone net profit for the quarter ended March 31, 2017. According to the company, its net profit during the quarter under review increased to Rs 1,003.40 crore from Rs 367.09 crore reported in the corresponding period of 2015-16. JSW Steel's standalone total income during Q4 increased by 60.12 per cent to Rs 17,033.38 crore from Rs 10,637.79 crore in the corresponding period of 2015-16.

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