01-01-1970 12:00 AM | Source: Reuters
India`s JSW Steel posts over 13% profit rise
News By Tags | #238 #572

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JSW Steel Ltd on Friday reported a rise in fourth-quarter profit as strong demand in the domestic market lifted steel consumption.

Consolidated net profit climbed more than 13% to 36.64 billion rupees ($448 million) in the fourth quarter ended March 31, from 32.34 billion rupees a year earlier, the steel maker said in an exchange filing.

($1 = 81.7800 Indian rupees)