JSW Steel Ltd.
-11.15 (-0.94%) JSW Steel reports net loss of Rs 115.55 crore in consolidated Q2
Date: 29-10-2013JSW Steel has reported results for the second quarter ended September 30, 2013.
The company has reported 87.69% fall in its net profit at Rs 101.25 crore for the quarter as compared to Rs 822.26 crore for the same quarter in the previous year. However, total income of the company has increased by 29.69% at Rs 11606.48 crore for quarter under review as compared to Rs 8949.16 crore for the quarter ended September 30, 2012.
On consolidated basis, the company has reported net loss after tax and minority interest of Rs 115.55 crore for the quarter as compared to a net profit of Rs 691.25 crore for the same quarter in the previous year. Total income has increased by 36.61% at Rs 13034.89 crore for quarter under review as compared to Rs 9541.29 crore for the quarter ended September 30, 2012.