Private steel maker JSPL today reported Rs 109.89 crore consolidated net profit for the quarter ended June 30, 2018.
Total income during April-June 2018 rose to Rs 9,665.35 crore from Rs 6,126.61 crore in the year-ago-period.
Total expenses were at Rs 9,401.68 crore, higher from Rs 6,636.71 crore in the year-ago period.
On standalone basis, the company clocked a profit of Rs 332.24 crore in the reported quarter. It posted a loss of Rs 177.73 crore in the year-ago period.
The sales at 1.61 MT were 40 per cent up from 1.15 MT in April-June 2017, JSPL said.
Part of the USD 18 billion OP Jindal Group, JSPL is an industrial powerhouse with a dominant presence in steel, power, mining and infrastructure sectors.
Shares of the company today ended 0.09 per cent up at Rs 217 apiece on BSE.
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