JSW Steel reports net loss for June quarter

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Publish time: 2nd August, 2013      Source: ChinaCCM
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Indian steelmaker JSW Steel launched its financial result for the first quarter of fiscal year 2013/14 ended on June 30th.

The company posted a net loss of INR3.81 billion for the first quarter of fiscal year 2013/14, in comparison of a net profit of INR2.95 billion in the same quarter of a year ago.

In the given period of time, JSW Steel's net sales revenue totaled INR101.4 billion, rising by 2.95% year on year.

Meanwhile, JSW Steel produced 2.86 million tons of crude steel in the first quarter of fiscal year 2013/14, jumping by 34% year on year.


News Date 8/1/2013 1:17:39 PM reported by Nann Cheng