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JSW Steel Ltd Q3FY24; 417% rise in Profits

JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products.
It is the flagship business of the diversified, US$ 23 billion JSW Group.The Group has interests in energy, infrastructure, cement, paints, sports, and venture capital.

Financial Results:

JSW Steel Ltd reported Revenues for Q3FY24 of ₹41,940.00 Crores up from ₹39,134.00 Crore year on year, a rise of 7.17%.

Total Expenses for Q3FY24 of ₹38,831.00 Crores up from ₹38,344.00 Crores year on year, a rise of 1.27%.

Consolidated Net Profit of ₹2,450.00 Crores up 416.88% from ₹474.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.88, up 386.70% from ₹2.03 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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Tags: Steel
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