JSW Steel's Net Profit Nosedives 88% For Q3FY20

New Delhi: The consolidated net profit of JSW Steel nosedived by a whopping 88 percent at Rs 187 crore for the third quarter of the current fiscal as against Rs 1,603 crore in the corresponding quarter of the previous fiscal.

The total revenues of the company declined 10 percent at Rs 18,182 crore for the third quarter of the current fiscal as compared to the same period of the previous fiscal.

The net sales realization for the company was down about 23 percent. 

 

 

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