MoneyWorks4Me

JBF Industries reports net loss of Rs 12.66 crore in Q1

18 Aug 2017 Evaluate

JBF Industries has reported results for first quarter ended June 30, 2017.

The company has reported a net loss of Rs 12.66 crore for the quarter under review as against a net profit of Rs 9.83 crore for the same quarter in the previous year. However, total income of the company increased by 4.17% at Rs 1091.99 crore for Q1FY18 as compared Rs 1048.31 crore for the corresponding quarter previous year.

JBF Industries is an India-based company, which manufactures polyester chips, polyester yarn and processed yarn from polyester chips.

Peers