India’s JSW Ispat Limited sees reduced net loss in Q2 FY 2021-22

Tuesday, 19 October 2021 12:08:59 (GMT+3)   |   Kolkata
       

India’s JSW Ispat Limited has reported a net loss of INR 368 million ($5 million) during the second quarter (July-September) of the 2021-22 fiscal year, lower than the INR 620 million ($8 million) net loss in the corresponding quarter of the previous fiscal year, according to a regulatory filing of the company on Wednesday, October 20.

According to the filing, the total income of the company in the given quarter was recorded at INR 14.42 billion ($192 million), up from INR 9.6 billion ($127 million) in the corresponding quarter of the previous year.

In 2018, a consortium of Aion Investment Private Limited and JSW Steel Limited acquired ailing private steel producer Monnet Ispat Limited through the bankruptcy resolution process and renamed the company JSW Ispat Limited.


Similar articles

India’s JSPL sees net profit surge 272 % in Q3 FY 2023-24

01 Feb | Steel News

India’s JSW Steel Limited quintuples its net profit in Q3 FY 2023-24

25 Jan | Steel News

India’s RINL Limited sees losses narrow in H1 FY 2023-24

06 Dec | Steel News

India’s JSPL reports 534% rise in consolidated net profit in Q2 FY 2023-24

01 Nov | Steel News

India’s JSW Steel Limited back in profit in Q2 FY 2023-24

23 Oct | Steel News

India’s JSW Steel reports 178% rise in consolidated net profit in Q1 FY 2023-24

21 Jul | Steel News

India’s JSW Steel Limited sees 13% rise in consolidated net profit in Q4 FY 2022-23

22 May | Steel News

India’s MSL posts 92% rise in net profit for Q2 FY 2022-23

03 Nov | Steel News

India’s JSW Steel Limited reports net loss in Q2 FY 2022-23

21 Oct | Steel News

India’s Tata Metaliks sees 74% fall in net profit in Q2 FY 2022-23, revenues up 36%

18 Oct | Steel News