Sajjan Jindal-led JSW Steel reported a consolidated profit before tax of Rs 953 crore in March quarter, down 60 per cent from same period last year as revenues declined sharply on the back of weak demand scenario amid economic slowdown. Net sales of the company stood at Rs 17,556 crore in the period under review, down 20 per cent from same period last year as volumes dropped along with realisations. The company reported crude Steel production of 3.97 million tonne, which was lower by 5 per cent year-on-year. Saleable steel sales for the quarter was 3.70 million tonne, down 14 per cent on year-on-year basis.
Featured Post
Hindenburg Crashes without any cogent reason
TODAY'S ECONOMICS once again proved correct Esteemed readers will recollect that earlier TODAY'S ECONOMICS had in its editorial (D...
-
The action superstar Vidyut Jammwal through his Indian traditional Kalaripayattu has been inspiring the youth across the globe. He has now b...
-
The Hindenburg report, released on 24th Jan, 2023 had the intended outcome. The short seller shaved off $ 100 Billion Dollars or more of Ada...
No comments:
Post a Comment