MoneyWorks4Me

Jindal Steel & power reports consolidated net loss of Rs 24.05 crore in Q3

04 Feb 2019 Evaluate

Jindal Steel & power has reported results for third quarter ended December 31, 2018.

The company has reported a net profit of Rs 176.61 crore for the quarter under review as compared to net loss of Rs 73.74 crore for the same quarter in the previous year. However, total income of the company increased by 57.89% at Rs 6745.38 crore for Q3FY19 as compared Rs 4272.12 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 24.05 crore for the quarter under review as compared to net loss of Rs 265.99 crore for the same quarter in the previous year. However, total income of the company increased by 36.99% at Rs 9580.36 crore for Q3FY19 as compared Rs 6993.60 crore for the corresponding quarter previous year.

Peers