JSPL clocks Rs 110 cr profit in April-June qtr
Private steel maker JSPL today reported Rs 109.89 crore consolidated net profit for the quarter ended June 30, 2018.
The company said its crude steel output during the said period grew 30 percent to 1.65 million tonnes (MT) from 1.27 MT in June quarter of 2017-18.
The sales at 1.61 MT were 40 percent up from 1.15 MT in April-June 2017, JSPL said.
In Oman, its subsidiary Jindal Shadeed produced 0.43 MT crude steel as against 0.36 MT in the year-ago period. 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 percent up at Rs 217 apiece on BSE.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)