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India's JSW Steel posts quarterly profit rise on higher volume

Jan 23 (Reuters) - India's JSW Steel JSTL.NS reported a jump in third-quarter profit on Friday, as higher sales volumes helped mitigate the impact of lower steel prices.

Its consolidated net profit rose nearly three-fold year-on-year to 21.39 billion rupees ($232.7 million) for the quarter ended December 31.

($1 = 91.9050 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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