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JSW Steel reports 87% fall in Q3 consolidated net profit
Jan-24-2020

JSW Steel has reported results for third quarter ended December 31, 2019.

The company has reported 64.05% fall in its net profit at Rs 691 crore for the quarter under review as compared to Rs 1,922 crore for the same quarter in the previous year. Total income of the company decreased by 14.51% at Rs 15,902 crore for Q3FY20 as compared Rs 18,601 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 87.01% in its net profit attributed to the owners at Rs 211 crore for the quarter under review as compared to Rs 1,624 crore for the same quarter in the previous year. Total income of the company decreased by 10.68% at Rs 18,182 crore for Q3FY20 as compared Rs 20,355 crore for the corresponding quarter previous year.


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