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JSW Steel consolidated net profit declines 84.83% in the March 2020 quarter

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Sales decline 19.60% to Rs 17556.00 crore

Net profit of JSW Steel declined 84.83% to Rs 231.00 crore in the quarter ended March 2020 as against Rs 1523.00 crore during the previous quarter ended March 2019. Sales declined 19.60% to Rs 17556.00 crore in the quarter ended March 2020 as against Rs 21837.00 crore during the previous quarter ended March 2019.

For the full year,net profit declined 47.24% to Rs 4030.00 crore in the year ended March 2020 as against Rs 7639.00 crore during the previous year ended March 2019. Sales declined 13.80% to Rs 71116.00 crore in the year ended March 2020 as against Rs 82499.00 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales17556.0021837.00 -20 71116.0082499.00 -14 OPM %16.7820.18 -16.5722.94 - PBDT2032.003414.00 -40 8064.0015209.00 -47 PBT924.002330.00 -60 3818.0011168.00 -66 NP231.001523.00 -85 4030.007639.00 -47

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

First Published: Fri, May 22 2020. 16:33 IST
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