Jindal Steel & Power has reported results for second quarter ended September 30, 2016.
The company has reported net loss of Rs 407.19 crore for the quarter under review as compared to a net loss of Rs 310.49 crore for the same quarter in the previous year. Total income of the company decreased marginally by 1.59% at Rs 3125.66 crore for the quarter under review as compared Rs 3176.06 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs 745.98 crore for the quarter ended September 30, 2016 as compared to a net loss of Rs 909.53 crore for the same quarter in the previous year. Total Income of the company has decreased marginally by 1.50% to Rs 4666.22 crore for quarter under review from Rs 4737.35 crore for the quarter ended September 30, 2015.
