JSW Ispat Special Products reports consolidated net profit of Rs63.32cr in Q1

The sales rose 145.47% to Rs1449.35cr in the quarter ended June 2021 as against Rs590.43cr during the previous quarter ended June 2020.

Jul 22, 2021 04:07 IST India Infoline News Service

Quarterly Results
JSW Ispat Special Products Limited stock ended marginally lower at Rs40.50 on the BSE in an otherwise strong market.

The net profit of the company was reported to Rs63.32cr in the quarter ended June 2021 as against a net loss of Rs154.13cr during the previous quarter ended June 2020.

The sales rose 145.47% to Rs1449.35cr in the quarter ended June 2021 as against Rs590.43cr during the previous quarter ended June 2020.

The Board of Directors of the Company has approved the appointment of Mr. Krishna Deshika as an Additional Director (Non-Executive and Independent Director) of the Company w.e.f. 20 July, 2021.

We hereby confirm that Mr. Krishna Deshika is not debarred from holding the office as a Director of the Company, by virtue of any Securities and Exchange Board of India ('SEBI') order or any other such authority.

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