India Steel Works cuts its losses to Rs 2 cr

India Steel Works cut its losses to Rs 2 crore in the June quarter this fiscal year as compared to Rs 6.6 crore in the same period last year.

Total income also went up by 247% to Rs 137.5 crore in the quarter under review. 

The total inclome in the same quarter last year was reported at Rs 39.6 crore.

The shares were trading marginally down at Rs 4.96 per share on the Bombay Stock Exchange.