JSW Steel to mull fund raising on May 27

24 May 2022 , 03:22 PM

The fund raising is subject to regulatory/statutory approvals as may be required. On the same day, the board will also consider the audited financial results of the company for the quarter and year ended 31 March 2022 and the recommendation of payment of dividend on the equity shares of the company. JSW Steel, the flagship business of the diversified JSW Group, is Indias leading integrated steel company with a steel-making capacity of 28 MTPA in India & USA, including capacities under joint control & new capacity to be commissioned at Dolvi during this year. The steel manufacturers consolidated net profit surged 69.20% to Rs 4,516 crore on 74.16% jump in total revenue from operations to Rs 38,071 crore in Q3 FY22 over Q3 FY21. Shares of JSW Steel were trading 1.45% lower at Rs 539.65 on BSE. Powered by Capital Market – Live News