• JSW Steel reported a 15% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended September (Q2 FY22). On a year-on-year (YoY) basis, the same grew at a healthy pace by 72%.
  • Its expenses for the quarter were up by 17% QoQ and 43% YoY.
  • While the company’s net profit was up 22% QoQ, on a YoY basis it increased from Rs. 1,595 crores in Q2FY21 to Rs 7,179 crores in Q2FY22.
  • The earnings per share (EPS) of JSW Steel stood at 29.8 during Q2FY22.

JSW Steel Financial Statements for Q2 FY22:

(Rs, crores) Q2FY21 Q1FY22 Q2FY22 QoQ (%) YoY (%)
Total Income 19,416 29,100 33,449 15% 72%
Total Expenses 16,958 20,804 24,261 17% 43%
Profit before tax 2,505 8,619 9,791 14% 291%
Tax 910 2,719 2,612 -4% 187%
Profit after tax 1,595 5,900 7,179 22% 350%
Earnings per share 6.6 24.5 29.8    

Data Source: BSE, Company announcements

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