The firm had clocked a net profit of Rs 4,516 crore in the year-ago period, it said in a regulatory filing
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Topics
JSW steel | Q3 results | JSW Group
The firm had clocked a net profit of Rs 4,516 crore in the year-ago period, it said in a regulatory filing
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
JSW Steel on Friday posted a sharp 85.50 per cent fall in its December quarter consolidated net profit to Rs 474 crore mainly on account of higher expenses.
The firm had clocked a net profit of Rs 4,516 crore in the year-ago period, it said in a regulatory filing.
Total income during the October-December quarter of the ongoing fiscal rose to Rs 39,322 crore from Rs 38,225 crore a year ago.
Expenses were also higher at Rs 38,288 crore as against Rs 31,986 crore.
Part of the O P Jindal Group, JSW group has a presence in sectors such as steel, energy, infrastructure, cement and sports.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Fri, January 20 2023. 16:25 IST
In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more
In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Author: Ricardo Goulart ... Read more
Author: Gerardine Lucero  ... Read more
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more