JSPL reports consolidated net loss of Rs 87.40 crore in Q1

14 Aug 2019

Jindal Steel & Power (JSPL) has reported results for first quarter ended June 30, 2019.   

The company has reported 32.63% fall in its net profit at Rs 223.86 crore for the quarter under review as compared to Rs 332.28 crore for the same quarter in the previous year. However, total income of the company increased by 5.21% at Rs 7084.78 crore for Q1FY20 as compared Rs 6733.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 87.40 crore for the quarter under review as against net profit of Rs 109.89 crore for the same quarter in the previous year. However, total income of the company increased by 2.91% at Rs 9,946.39 crore for Q1FY20 as compared Rs 9,665.35 crore for the corresponding quarter previous year.

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