Jindal Steel & Power (JSPL) has reported results for second quarter ended September 30, 2019.
The company has reported 96.04% fall in its net profit at Rs 15.15 crore for the quarter under review as compared to Rs 382.66 crore for the same quarter in the previous year. Total income of the company decreased by 4.03% at Rs 6572.92 crore for Q2FY20 as compared Rs 6848.78 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss of Rs 399.31 crore for the quarter under review as against net profit of Rs 279.17 crore for the same quarter in the previous year. Total income of the company decreased by 10.45% at Rs 8940.33 crore for Q2FY20 as compared Rs 9983.16 crore for the corresponding quarter previous year.
