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Steelco Gujarat reports net loss of Rs 18.36 crore in Q1

17 Sep 2018 Evaluate

Steelco Gujarat has reported results for first quarter ended June 30, 2018.

The company has reported a net loss of Rs 18.36 crore for the quarter under review as compared to net loss of Rs 10.57 crore for the same quarter in the previous year. Total income of the company decreased by 75.22% at Rs 32.08 crore for Q1FY19 as compared Rs 129.48 crore for the corresponding quarter previous year.

Steelco Gujarat is engaged in the manufacturing of galvanized plain (GP)/galvanized corrugated (GC) coil sheets, and cold rolled (CR) coils and sheets.

Peers
Company Name CMP
JSW Steel 1274.05
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Steel Authority 176.60
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