JSW Steel on Friday reported a manifold jump in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter. The private sector steel maker had clocked a net profit of Rs 187 crore in the corresponding quarter of the previous financial year, JSW Steel said in a BSE filing.

Its consolidated income during October-December 2020 rose to Rs 22,006 crore from Rs 18,182 crore in the year-ago period.

Biocon profit falls

Biotechnology major Biocon has reported an 18.97 per cent fall in consolidated profit at Rs 186.6 crore for the quarter ended December 2020 on account of higher expenses. The company had posted a profit of Rs 230.3 crore in the corresponding period of the previous fiscal.