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JSW Holdings Sept. quarter net drops 48%

JSW Holdings, the non-banking financial company that forms the investment arm of the JSW Group, on Saturday posted a 48.1% decline in consolidated profit to ₹39.5 crore for the quarter ended September 30, 2020.

The company had posted a profit of ₹76.2 crore for the year-earlier period, JSW Holdings said in a filing with the BSE.

Total income during July-September 2020-21 dropped to ₹50.3 crore from ₹85.5 crore in the year-earlier period, the filing said.

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