JSW Ispat's Q3 Special Products Net Loss Widens To Rs 97.98 Crore

The company had posted a Rs 27.12 crore net loss in the year-ago period, according to a statement.

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8:40 PM IST, 16 Jan 20238:40 PM IST, 16 Jan 20238:40 PM IST, 16 Jan 20238:40 PM IST, 16 Jan 2023

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(Source: Company Website)

JSW Ispat Special Products Ltd. on Monday said its consolidated net loss widened to Rs 97.98 crore in the December quarter.

The company had posted a Rs 27.12 crore net loss in the year-ago period, according to a statement.

Its total income fell to Rs 1,110.33 crore from Rs 1,476.46 crore during the October-December period of the previous year.

Debt-laden Monnet Ispat and Energy Ltd. was acquired jointly by a consortium of Aion Investments Pvt. and JSW Steel Ltd. and later renamed as JSW Ispat Special Products Ltd.