JSPL Q1 cons net loss at Rs. 339.3 crore

Jindal Steel & Power Ltd has announced the following results for the quarter ended June 30, 2015 :

The Un-Audited Standalone results for the Quarter ended June 30, 2015:

The Company has posted a net loss of Rs. (2672.80) million for the quarter ended June 30, 2015 as compared to net profit of Rs. 3062.70 million for the quarter ended June 30, 2014. Total Income has decreased from Rs. 33457.20 million for the quarter ended June 30, 2014 to Rs. 31878.20 million for the quarter ended June 30, 2015.

The Consolidated Results are as follows:

The Un-Audited Consolidated results for the Quarter ended June 30, 2015

The Group has posted a net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs. (3392.60) million for the quarter ended June 30, 2015 as compared to net profit of Rs. 4181.30 million for the quarter ended June 30, 2014. Total Income has decreased from Rs. 47777.40 million for the quarter ended June 30, 2014 to Rs. 45012.80 million for the quarter ended June 30, 2015.