Jindal Steel & Power has reported results for first quarter ended June 30, 2015.
The company has reported a net loss of Rs 267.28 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 306.27 crore for the same quarter in the previous year. The company’s total income has decreased by 4.72% to Rs 3187.82 crore for the quarter under review from Rs 3345.72 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported a net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates at Rs 339.26 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 418.13 crore for the same quarter in the previous year. Total income of the company has decreased by 5.79% at Rs 4501.28 crore for quarter under review as compared to Rs 4777.74 crore for the quarter ended June 30, 2014.
