JSW Steel Q3 results: Net profit soars 69% to Rs 4,516 cr

JSW Steel on Friday reported a 69% jump in consolidated net profit of Rs 4,516 crore for the quarter ended December 31, 2021. The steelmaker reported a consolidated net profit of Rs 2,669 crore a year ago. However, net profit fell 37% sequentially as compared to Rs 7,179 crore reported in the September quarter.

Consolidated total income increased by 74% to Rs 38,225 crore in Q3FY22 from Rs 22,006 crore a year ago.

On Friday, the company's share price on BSE closed trading 2% lower at Rs 666.80.

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