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JSW Steel net profit rises 39.89% in the March 2014 quarter

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Capital Market

Sales rise 32.50% to Rs 12254.75 crore

Net profit of JSW Steel rose 39.89% to Rs 801.87 crore in the quarter ended March 2014 as against Rs 573.23 crore during the previous quarter ended March 2013. Sales rose 32.50% to Rs 12254.75 crore in the quarter ended March 2014 as against Rs 9248.82 crore during the previous quarter ended March 2013.

For the full year,net profit declined 25.91% to Rs 1334.51 crore in the year ended March 2014 as against Rs 1801.22 crore during the previous year ended March 2013. Sales rose 25.83% to Rs 44529.47 crore in the year ended March 2014 as against Rs 35387.63 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales12254.759248.82 33 44529.4735387.63 26 OPM %20.3718.35 -19.7217.83 - PBDT1883.401308.53 44 6373.514845.22 32 PBT1177.07781.08 51 3647.632871.33 27 NP801.87573.23 40 1334.511801.22 -26

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First Published: May 28 2014 | 11:14 AM IST

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