JSW Steel Limited reported unaudited standalone and consolidated earnings and production results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, reported total revenue from operations of INR 164,530 million compared to INR 145,830 million a year ago. Profit before exceptional items and tax was INR 19,550 million compared to INR 11,920 million a year ago. Profit before tax was INR 17,210 million compared to INR 11,920 million a year ago. Net profit after tax was INR 11,260 million or INR 4.66 per diluted share (not annualized) compared to INR 8,190 million or INR 3.39 per diluted share (not annualized) a year ago. Operating EBITDA was INR 35,730 million, up by 29% year over year.

For the nine months, on standalone basis, the company reported total revenue from operations of INR 465,350 million compared to INR 399,620 million a year ago. Profit before exceptional items and tax was INR 38,470 million compared to INR 37,930 million a year ago. Profit before tax was INR 36,130 million compared to INR 37,930 million a year ago. Net profit after tax was INR 23,900 million or INR 9.89 per diluted share (not annualized) compared to INR 25,730 million or INR 10.65 per diluted share (not annualized) a year ago.

For the quarter, on consolidated basis, the company reported total revenue from operations of INR 178,610 million compared to INR 153,120 million a year ago. Profit before exceptional items and tax was INR 21,180 million compared to INR 10,650 million a year ago. Profit before tax was INR 18,540 million compared to INR 10,650 million a year ago. Net profit was INR 17,740 million or INR 7.25 per diluted share (not annualized) compared to INR 7,160 million or INR 3.02 per diluted share (not annualized) a year ago. Operating EBITDA was INR 38,510 million, up by 37% year over year.

For the nine months, on consolidated basis, the company reported total revenue from operations of INR 506,860 million compared to INR 426,190 million a year ago. Profit before exceptional items and tax was INR 42,860 million compared to INR 37,330 million a year ago. Profit before tax was INR 40,220 million compared to INR 37,330 million a year ago. Net profit was INR 32,340 million or INR 13.31 per diluted share (not annualized) compared to INR 24,590 million or INR 10.61 per diluted share (not annualized) a year ago. Capex was 194 million.

For the quarter, the company reported production of crude steel of 4.11 million tonnes compared to 3.86 million tonnes a year ago.

For the nine months, the company reported production of crude steel of 11.96 million tonnes compared to 11.70 million tonnes a year ago.

For the year, the company expects capex to be INR 80,000 million.