JSPL's net loss narrows to Rs 746 cr in Jul-Sept qtr
Naveen Jindal-led Jindal Steel and Power Ltd (JSPL) today said its consolidated net loss narrowed to Rs 745.98 crore for the quarter ended September 30.The firm had posted a net loss of Rs 909.53 crore in the year-ago period, it said in a BSE filing.Total consolidated income of the firm fell to Rs 4,665.54 crore during the July-September quarter this fiscal from Rs 4,736.29 crore during the same quarter in 2015-16.Its total expenses were higher at Rs 4,815.75 crore during the quarter under review as against Rs 4,577.96 crore in the same period last year."JSPL is committed to meet all its debt commitments and the company is aiming to bring down the annual cash outflow in terms of repayments and interest by utilising various schemes provided .....