Ispat Industries June qtr net loss narrows to Rs 69 cr

Iron and steel producer Ispat Industries today said its net loss for the quarter ended June 30, has been narrowed to Rs 69.24 crore.

The company had registered a loss of Rs 214.92 crore during same quarter last fiscal, Ispat Industries said in a filing to Bombay Stock Exchange.

However, total income of the company rose to Rs 2,427.98 crore in the April-June quarter this year, as against Rs 1,401.85 crore in the same quarter last year.