JSW Steel Q1 net profit rises to Rs295 crore vs Rs234 crore
Moneylife Digital Team 27 July 2010

JSW Steel Ltd reported a first quarter consolidated net profit of Rs295.4 crore compared with Rs234 crore during the same period last year.

Total revenues increased to Rs4,681.2 crore in the April-June quarter this year from Rs4,253.5 crore in the quarter ended 30 June 2009.

On a standalone basis, the company registered a net profit of Rs350.3 crore for the quarter ended 30 June 2010 against Rs340 crore in the same quarter last fiscal.

On Tuesday, JSW Steel shares ended 0.8% lower at Rs1,160 on the Bombay Stock Exchange, while the Sensex closed 0.3% higher at 18,077 points.

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