The company's fourth-quarter net profit climbed to 29.96 billion rupees ($441.50 million), against 10.14 billion rupees in the same period last year, it said https://www.bseindia.com/xml-data/corpfiling/AttachLive/0a89cf41-d394-4c25-adbe-3c3f516e9cef.pdf.
Total revenue from operations rose 16.2 percent to 208.17 billion rupees and the steelmaker also said it achieved record crude steel production in the quarter at 4.31 million tonnes, up 5 percent year on year.
JSW said it expects 3 percent year-on-year growth in crude steel production to 16.75 million tonnes for the 2018-19 financial year.
Ahead of the results, shares in JSW Steel closed with a gain of 0.6 percent.
($1 = 67.8600 Indian rupees)
(Reporting by Krishna V Kurup in BENGALURU; Editing by David Goodman)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)