JSW Ispat Special Products inches up as its consolidated net loss narrows to Rs 53 crore in Q1FY24
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JSW Ispat Special Products is currently trading at Rs. 36.91, up by 0.02 points or 0.05% from its previous closing of Rs. 36.89 on the BSE.
The scrip opened at Rs. 37.11 and has touched a high and low of Rs. 37.90 and Rs. 36.81 respectively. So far 73863 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 38.00 on 10-Jul-2023 and a 52 week low of Rs. 24.55 on 21-Jul-2022.
Last one week high and low of the scrip stood at Rs. 37.90 and Rs. 36.78 respectively. The current market cap of the company is Rs. 1733.10 crore.
The promoters holding in the company stood at 53.17%, while Institutions and Non-Institutions held 12.40% and 34.43% respectively.
JSW Ispat Special Products has reported results for first quarter ended June 30, 2023 (Q1FY24).
JSW Ispat Special Products has reported net loss of Rs 91.34 crore for the quarter under review as compared to net loss of Rs 144.90 crore for the same quarter in the previous year. However, total income of the company increased by 6.46% at Rs 1313.12 crore for Q1FY24 as compared Rs 1233.45 crore for the corresponding quarter previous year.
On consolidated basis, the company has net loss of Rs 53.23 crore for the quarter ended June 30, 2023 as compared to net loss of Rs 105.35 crore for the same quarter in the previous year. However, total income of the company increased by 0.16% at Rs 1681.91 crore for Q1FY24 as compared Rs 1679.19 crore for the corresponding quarter previous year.
