JSPL posts net loss of ~399 cr for Sept qtr

Jindal Steel and Power (JSPL) on Tuesday posted a consolidated net loss of ~399.31 crore for the quarter ended September 30. However, the company had posted a consolidated net profit of ~279.17 crore in the year-ago period, JSPL said in a filing to the BSE.

These are after-tax figures. Its total income in the July-september 2019 quarter declined to ~8,940.33 crore, over ~9,983.16 crore in the year-ago period.