JSW Steel turns black in Q1
23rd Jul 2021

JSW Steel has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 5258 crore for the quarter under review as compared to net loss of Rs 146 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 26159 crore for Q1FY22 as compared Rs 10447 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributed to the owners at Rs 5904 crore for the quarter under review as compared to net loss of Rs 561 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 29100 crore for Q1FY22 as compared Rs 11914 crore for the corresponding quarter previous year.