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JSW Steel standalone net profit rises 173.34% in the March 2017 quarter

Capital Market 

Sales rise 65.93% to Rs 15532.95 crore

Net profit of rose 173.34% to Rs 1003.40 crore in the quarter ended March 2017 as against Rs 367.09 crore during the previous quarter ended March 2016. Sales rose 65.93% to Rs 15532.95 crore in the quarter ended March 2017 as against Rs 9361.06 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 3576.54 crore in the year ended March 2017 as against net loss of Rs 3529.67 crore during the previous year ended March 2016. Sales rose 42.59% to Rs 51620.83 crore in the year ended March 2017 as against Rs 36202.44 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales15532.959361.06 66 51620.8336202.44 43 OPM %19.3420.67 -22.3617.59 - PBDT2122.571128.72 88 8155.893468.42 135 PBT1337.87407.50 228 5131.28621.18 726 NP1003.40367.09 173 3576.54-3529.67 LP

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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