JSW Steel Q1 result: Net Profit doubles to Rs.4,696 crore; revenue jumps 10%
New Delhi, July 17 -- JSW Steel reported a sharp jump for the quarter ended June (Q1 FY27) on Friday, 17 July, with consolidated net profit more than doubling year-on-year to Rs.4,696 crore, aided by higher revenue growth and improved operating performance.
The steelmaker had posted a net profit of Rs.2,209 crore in the corresponding quarter of the previous financial year, according to its exchange filing.
Revenue from operations increased 9.8% year-on-year to Rs.47,364 crore in Q1 FY27, compared with Rs.43,147 crore a year earlier. Total income rose to Rs.48,088 crore from Rs.43,497 crore in the year-ago period.
Total expenses for the quarter stood at Rs.41,830 crore, up from Rs.40,325 crore in the corresponding quarter last year.
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