Jindal Steel & Power (JSPL) has reported results for first quarter ended June 30, 2018.
The company has reported a net profit of Rs 332.28 crore for the quarter under review as compared to a net loss of Rs 177.73 crore for the same quarter in the previous year. Total income of the company increased by 75.75% at Rs 6,733.90 crore for Q1FY19 as compared Rs 3,831.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net profit of Rs 180.83 crore for the quarter under review as compared to a net loss of Rs 387.09 crore for the same quarter in the previous year. Total income of the company increased by 57.76% at Rs 9,665.35 crore for Q1FY19 as compared Rs 6,126.61 crore for the corresponding quarter previous year.