Jindal Steel & Power reports standalone net loss of Rs 1154.24 crore in the March 2019 quarter

Image
Capital Market
Last Updated : May 22 2019 | 1:52 PM IST

Sales rise 28.95% to Rs 7353.15 crore

Net loss of Jindal Steel & Power reported to Rs 1154.24 crore in the quarter ended March 2019 as against net profit of Rs 145.08 crore during the previous quarter ended March 2018. Sales rose 28.95% to Rs 7353.15 crore in the quarter ended March 2019 as against Rs 5702.39 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 262.90 crore in the year ended March 2019 as against net loss of Rs 361.61 crore during the previous year ended March 2018. Sales rose 62.69% to Rs 27431.50 crore in the year ended March 2019 as against Rs 16861.03 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales7353.155702.39 29 27431.5016861.03 63 OPM %19.5826.63 -21.9323.56 - PBDT460.44832.37 -45 3135.661581.90 98 PBT-115.25364.12 PL 828.60-327.76 LP NP-1154.24145.08 PL -262.90-361.61 27

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 22 2019 | 1:37 PM IST

Next Story