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JSW Ispat Special Products’ consolidated net loss narrows to Rs 53 crore in Q1FY24

19 Jul 2023 Evaluate

JSW Ispat Special Products has reported results for first quarter ended June 30, 2023 (Q1FY24). 

JSW Ispat Special Products has reported net loss of Rs 91.34 crore for the quarter under review as compared to net loss of Rs 144.90 crore for the same quarter in the previous year. However, total income of the company increased by 6.46% at Rs 1313.12 crore for Q1FY24 as compared Rs 1233.45 crore for the corresponding quarter previous year.

On consolidated basis, the company has net loss of Rs 53.23 crore for the quarter ended June 30, 2023 as compared to net loss of Rs 105.35 crore for the same quarter in the previous year. However, total income of the company increased by 0.16% at Rs 1681.91 crore for Q1FY24 as compared Rs 1679.19 crore for the corresponding quarter previous year.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.75
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