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Jindal Saw reports consolidated net loss of Rs 16 crore in Q1

06 Aug 2022 Evaluate

Jindal Saw has reported results for first quarter ended June 30, 2022.

The company has reported a fall of 81.06% in its net profit at Rs 28.09 crore for the quarter under review as compared to Rs 148.30 crore for the same quarter in the previous year. However, total income of the company increased by 21.86% at Rs 3019.01 crore for Q1FY23 as compared Rs 2477.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 15.66 crore for the quarter under review as compared to net profit of Rs 145.74 crore for the same quarter in the previous year. However, total income of the company increased by 19.99% at Rs 3510.46 crore for Q1FY23 as compared Rs 2925.54 crore for the corresponding quarter previous year.

Peers
Company Name CMP
JSW Steel 1268.00
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