You are here: Home > Steel News > Latest Steel News > JSW...

JSW sees decline in net profit for FY 2011-12

Monday, 14 May 2012 16:20:17 (GMT+3)   |  
       

India's largest steelmaker JSW Steel (JSW) has announced its financial results for the fourth quarter (ended March 31) of the financial year 2011-12 and the full financial year.

In the given quarter, JSW's net profit decreased by 9.7 percent to INR 7.5 billion ($139.4 million) compared to the same quarter of the previous year. In FY 2011-12, the company posted a net profit of INR 16.26 billion ($301.5 million), down 19 percent year on year.

JSW's net sales value rose to INR 95.11 billion ($1.76 billion) in the given quarter, up by 35 percent year on year, while it registered 39 percent growth in its sales revenues for the full financial year.


Similar articles

India’s JSW Steel posts record crude steel output in Q1 FY 2012-13

27 Jul | Steel News

JSW’s net profit decreases by half in Q3 FY 2011-12

20 Jan | Steel News

India’s JSW Steel posts poor results for Q2 FY 2011-12

21 Oct | Steel News

India’s JSW posts 65 percent rise in net profit for Q1 FY 2011-12

27 Jul | Steel News

India’s JSW Steel posts record crude steel output in Q1 FY 2012-13

27 Jul | Steel News

JSW’s net profit decreases by half in Q3 FY 2011-12

20 Jan | Steel News

India’s JSW Steel posts poor results for Q2 FY 2011-12

21 Oct | Steel News

India’s JSW posts 65 percent rise in net profit for Q1 FY 2011-12

27 Jul | Steel News