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JSW ISPAT reports net loss of Rs 308.57 crore in Q3

09 Feb 2012 Evaluate

JSW ISPAT Steel has reported results for third quarter ended December 31, 2011.

The company has reported a net loss of Rs 308.57 crore for the quarter ended December 31, 2011 as compared to a net loss of Rs 409.31 crore for the same quarter in the previous year. However, total income has surged by 182.90% from Rs 978.37 crore for Q3FY11 to Rs 2767.82 crore in the quarter under review.

The company is one of the leading integrated steel makers and the largest private sector producer of hot rolled coils in India. The company has a capacity of 4.6 mt and is the leader in the national specialty steel market.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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