<p>JSW Steel on Friday reported a 20 per cent decline in its consolidated net profit to Rs 3,343 crore for the March 2022 quarter, dragged by higher expenses.</p>.<p>The company had reported net profit of Rs 4,191 crore in January-March 2020-21, it said in a regulatory filing.</p>.<p>Its total income, however, increased to Rs 47,128 crore in the quarter from Rs 27,095 crore in the year-ago period.</p>.<p>The company's expenses soared to Rs 41,282 crore in the said period from Rs 20,752 crore a year ago.</p>.<p>JSW Steel Ltd is the flagship company of the diversified $13-billion JSW Group, which has a presence in sectors, such as steel, energy, infrastructure, cement and sports. PTI ABI BAL</p>
<p>JSW Steel on Friday reported a 20 per cent decline in its consolidated net profit to Rs 3,343 crore for the March 2022 quarter, dragged by higher expenses.</p>.<p>The company had reported net profit of Rs 4,191 crore in January-March 2020-21, it said in a regulatory filing.</p>.<p>Its total income, however, increased to Rs 47,128 crore in the quarter from Rs 27,095 crore in the year-ago period.</p>.<p>The company's expenses soared to Rs 41,282 crore in the said period from Rs 20,752 crore a year ago.</p>.<p>JSW Steel Ltd is the flagship company of the diversified $13-billion JSW Group, which has a presence in sectors, such as steel, energy, infrastructure, cement and sports. PTI ABI BAL</p>