Steelmaker JSW Steel reported a 10% decline in net profit at Rs 752 crore for the quarter ended March 2012. It was Rs 832 crore in the corresponding period a year ago.
However, total income was up 34% at Rs 9,593 crore as against Rs 7,164 crore in March 2011.
For the financial year ended March 2012, JSW Steel's net profit dipped 19% to Rs 1,626 crore from Rs 2,010 crore in the previous financial year.
Total income was up 37% though at Rs 32,302 crore as against Rs 23,602 crore in FY11.
The company announced a dividend of Rs 7.50 (75%) for every per share of Rs 10
JSW Steel's stocks were trading 0.9% down at Rs 621 apiece on BSE
