Jindal Steel and Power Ltd (JSPL) reported a net profit of Rs 279.17 crore for the quarter ended September 30, 2018, led by a sharp growth in iron and steel revenue, a statement issued by the company informed on Friday.
The company had incurred a loss of Rs 499.48 crore during the same quarter a year ago, JSPL said in a BSE filing.
Its total income rose by 63 per cent to Rs 9,983.16 crore from Rs 6,124.78 crore in the year-ago period. Total expenses were at Rs 9,892.06 crore in July-September 2018 against Rs 6,674.42 crore in July-September of 2017-18 fiscal.
