JSPL expenses rose to Rs6,674.43 crore from Rs6,049.81 crore in the year-ago quarter. Photo: BloombergNew Delhi: Jindal Steel and Power (JSPL) on Thursday said its consolidated net loss narrowed to Rs499 crore during the quarter ended September 2017. The Naveen Jindal-led firm had posted a net loss of Rs747.27 crore in the same quarter a year-ago. However, the company’s total consolidated income was higher at Rs6,124.78 crore in July-September quarter this fiscal from Rs5,028.67 crore during the corresponding period of 2016-17, it said in a BSE filing. Total expenses rose to Rs6,674.43 crore from Rs6,049.81 crore in the year-ago quarter.

Source: Mint November 09, 2017 13:41 UTC