New Delhi: JSW Holdings, the investment arm of JSW Group, on Friday reported a 23 per cent decline in net profit at Rs 15.56 crore for the quarter ended September 30, 2016.
The company had clocked a net profit of Rs 20.11 crore for the corresponding period a year ago, it said in a filing to the BSE.
Total income of the company fell 17 per cent to Rs 22.01 crore in the quarter under review, as against Rs 26.51 crore in the year-ago period.
JSW Holdings is a non-banking financial company (NBFC) that forms the investment arm of the Sajjan Jindal-led JSW Group, with major part of its funds invested in the steel company JSW Steel.
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