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Corporate Results - Steel


Ispat Ind posts net loss of Rs 153 cr

Our Bureau

Mumbai, May 10

Ispat Industries Ltd has posted a net loss of Rs 153.14 crore for the March 2006 quarter against a net profit of Rs 38 crore. Total Income (net of excise) is Rs 1,291.15 crore (Rs 1,126.54 crore). For the full year, the company reported a net loss of Rs 812.67 crore against a net profit of Rs 696.06 crore in the earlier year. Total income is Rs 5,010.73 crore (Rs 6,112.89 crore).

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