Jindal Steel & Power reports consolidated net loss of Rs 424.69 crore in the March 2018 quarter

Capital Market 

Sales rise 39.93% to Rs 8522.79 crore

Net Loss of reported to Rs 424.69 crore in the quarter ended March 2018 as against net loss of Rs 100.01 crore during the previous quarter ended March 2017. Sales rose 39.93% to Rs 8522.79 crore in the quarter ended March 2018 as against Rs 6090.78 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1615.50 crore in the year ended March 2018 as against net loss of Rs 2537.52 crore during the previous year ended March 2017. Sales rose 32.63% to Rs 27068.98 crore in the year ended March 2018 as against Rs 20409.14 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales8522.796090.78 40 27068.9820409.14 33 OPM %25.0725.48 -23.9023.07 - PBDT1065.63696.85 53 2606.341278.43 104 PBT105.71-309.03 LP -1276.69-2670.59 52 NP-424.69-100.01 -325 -1615.50-2537.52 36

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First Published: Thu, May 10 2018. 16:55 IST