Jindal Steel & Power has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported net loss at Rs 4512.27 crore for the quarter under review as compared to net profit of Rs 1713.64 crore for the same quarter in the previous year. Total income of the company decreased 1.14% at Rs 11841.91 crore for Q3FY23 as compared to Rs 11978.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 68.04% in its net profit at Rs 518.27 crore for the quarter under review as compared to Rs 1621.66 crore for the same quarter in the previous year. Total income of the company marginally decreased 0.53% at Rs 12469.50 crore for Q3FY23 as compared to Rs 12535.35 crore for the corresponding quarter previous year.