Corporate News

JSPL posts Rs.267.28 crore net loss in Q1

New Delhi, Aug 13  Steel, power, mining and infrastructure company Jindal Steel and Power Limited (JSPL) on Wednesday announced it posted a net loss of Rs.267.28 crore for the first quarter of 2015-16, a decline of 87.26 percent compared to the same period last year.

In a regulatory filing, the company said its total income from operations declined to Rs.3,133.85 crore in the period under review against Rs.3,323.85 crore in the same quarter of 2014-15.