JSW Steel Q2 profit up 27% to Rs 839 cr, misses estimates
Analysts on average had expected net profit of Rs 1,076 crore
)
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Analysts on average had expected net profit of Rs 1,076 crore
)
Steel producer JSW Steel Ltd reported a 27 per cent rise in quarterly profit on Tuesday, though it missed analysts' expectations.
Net profit for the second quarter ending on September 30 rose to Rs 839 crore ($129.6 million) from Rs 659 crore a year earlier.
Analysts on average had expected net profit of Rs 1,076 crore, according to Thomson Reuters data.
($1 = 64.7375 Indian rupees)
First Published: Oct 31 2017 | 4:38 PM IST