JSW Steel Ltd.

JSW Steel has reported results for first quarter ended June 30, 2020.

The company has reported net loss of Rs 146 crore for the quarter under review as against net profit of Rs 1439 crore for the same quarter in the previous year. Total income of the company decreased 41.50% at Rs 10447 crore for Q1FY21 as compared Rs 17857 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owner at Rs 561 crore for the quarter under review as against net profit of Rs1028 crore for the same quarter in the previous year. Total income of the company decreased by 40.29% at Rs 11914 crore for Q1FY21 as compared Rs 19953 crore for the corresponding quarter previous year.