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JSW Steel Processing Centres Limited (JSWSPCL) has registered a growth of over 12 per cent by processing 5.41 lakh tonnes of the commodity in 2016-17 financial year.
The company, a wholly owned subsidiary of JSW Steel, had processed 4.81 lakh tonnes (LT) of steel in the preceding financial year.
JSWSPCL was set up as a steel service centre with an annual sitting capacity of 6.5 lakh tonnes, JSW Steel said in its annual report for 2016-17.
"The company registered a profit after tax for 2016 -17 of Rs 21 crore compared to Rs 14 crore in 2015-16," it said.
The flagship of over $11 billion JSW group, JSW Steel is one of India's leading integrated steel manufacturers with a capacity of 18 mtpa.