The company, which has three plants with a cumulative steel-making capacity of around two million tonnes per annum, had clocked Rs 76.26 crore net profit during the same quarter last fiscal, it said in a statement.
Total income from operations rose to Rs 2,802 crore from Rs 2,491 crore a year ago. Expenses of the company also went up to Rs 2,393 crore from Rs 1,987 crore a year earlier.
Finance costs zoomed to Rs 552 crore from Rs 403 crore.
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