Jindal Steel & Power has reported results for the second quarter ended September 30, 2013.
The company has reported 55.91% fall in its net profit at Rs 256.68 crore for the quarter as compared to Rs 582.21 crore for the same quarter in the previous year. Total income of the company has increased marginally by 1.80% at Rs 3661.22 crore for quarter under review as compared to Rs 3596.38 crore for the quarter ended September 30, 2012.
On the consolidated basis, the group has registered a fall of 49.62% in net profit after taxes, Minority Interest and Share of Profit / (loss) of Associates at Rs 452.07 crore as compared to Rs 897.28 crore in the same quarter previous year. Total income of the group rose 4.96% to Rs 4968.71 crore for quarter under review as against Rs 4733.81 crore in corresponding quarter previous year.
