Home / Companies / Results / JSW Steel posts Rs 582-cr loss for June qtr, income dips to Rs 11,914 cr

JSW Steel posts Rs 582-cr loss for June qtr, income dips to Rs 11,914 cr

The firm's total expenses also dropped to Rs 12,504 crore, against Rs 18,164 crore a year ago

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Part of the JSW Group, JSW Steel has presence in sectors such as steel, energy, infrastructure and cement

Press Trust of India New Delhi

1 min read Last Updated : Jul 24 2020 | 6:27 PM IST

JSW Steel on Friday fell into the red, posting Rs 582 crore consolidated loss for the quarter ended June 2020.

The company had posted a net profit of Rs 1,008 crore during the corresponding quarter of the previous financial year, JSW Steel said in a BSE filing.

Its total income during April-June 2020 also declined to Rs 11,914 crore, compared with Rs 19,953 crore in the year-ago period.

The firm's total expenses also dropped to Rs 12,504 crore, against Rs 18,164 crore a year ago.

Part of the JSW Group, JSW Steel Ltd has presence in sectors such as steel, energy, infrastructure and cement.

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