Tuesday, January 29, 2008

JSW Steel Announces Q3 Results

JSW Steel Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 3281.80 million for the quarter ended December 31, 2007 as compared to Rs 3621.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 23173.40 million for the quarter ended December 31, 2006 to Rs 25981.90 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit after tax after Share of profit of Minority and Share of Profits of Associates of Rs 2700.60 million for the quarter ended December 31, 2007. Total Income is Rs 28780.80 million for the quarter ended December 31, 2007.

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