Profit

JSPL October-December Loss Narrows To Rs 2.4 Crore

The steel producer's loss had stood at Rs 266 crore for the corresponding three-month period a year earlier.

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JSPL October-December Loss Narrows To Rs 2.4 Crore

Stronger revenue from its key product segments helped the steel producer reduce its loss


Jindal Steel and Power reported a narrower third-quarter loss, helped by stronger revenue from its key product segments that include hot-rolled coils, sheets and plates.

The loss came in at 2.41 crore ($336,740) for the third quarter ended December 31, compared with a loss of Rs 266 crore a year earlier, the steel producer said in a statement.

($1 = 71.42 rupees)

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