MoneyWorks4Me

JSPL reports consolidated net loss of Rs 219 crore in Q3

20 Jan 2020 Evaluate

Jindal Steel & Power (JSPL) has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 45.12% in its net profit at Rs 96.93 crore for the quarter under review as compared to Rs 176.61 crore for the same quarter in the previous year. Total income of the company decreased by 1.56% at Rs 6,640.26 crore for Q3FY20 as compared Rs 6,745.38 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 218.57 crore for the quarter under review against net loss of Rs 87.24 crore for the same quarter in the previous year. Total income of the company decreased by 2.93% at Rs 9,299.82 crore for Q3FY20 as compared Rs 9,580.36 crore for the corresponding quarter previous year.

Peers