JSW Steel today said it has posted a growth of 26.18 per cent in consolidated net profit to Rs 295.37 crore for the quarter ended June 30.
The company had reported a net profit of Rs 234.08 crore in the year-ago period, Sajjan Jindal-led JSW Steel said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs 4,861.2 crore in the April-June period this year from Rs 4,253.5 crore in the quarter ended June 30, 2009.
On a standalone basis, the company registered a net profit of Rs 350.27 crore for the quarter ended June 30 against Rs 340.02 crore in the same quarter last fiscal.
JSW's standalone income rose to Rs 4,683.35 crore in the quarter ended June 30, 2010, from Rs 4,158.23 crore in the year-ago period.
Shares of the company were being traded at Rs 1,161.45 on the BSE today, down 0.74 per cent from the previous close.