Jindal Steel & Power has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has posted a fall of 97.36% in its net profit at Rs 12.42 crore for the quarter ended June 30, 2012 as compared to Rs 470.16 crore for the same quarter in the previous year. However, total income has increased by 31.46% at Rs 3343.29 crore for quarter under review as compared to Rs 2543.18 crore for the quarter ended June 30, 2011.
On consolidated basis, the company has posted a fall of 58.06% in its net profit at Rs 385.33 crore for the quarter ended June 30, 2012 as compared to Rs 918.79 crore for the same quarter in the previous year. However, total income has increased by 18.79% at Rs 4719.03 crore for quarter under review as compared to Rs 3972.51 crore for the quarter ended June 30, 2011.
