Uttam Galva Steels posts Rs 90 cr net loss in Jul-Sep quarter
Uttam Galva Steels Limited posted a consolidated net loss of Rs 90.17 crore during the second quarter ended September 30, 2021.
Uttam Galva Steels Limited on Saturday posted a consolidated net loss of Rs 90.17 crore during the second quarter ended September 30, 2021.
The company had posted Rs 19.31 crore net profit in the year-ago quarter, Uttam Galva Steels said in a regulatory filing.
See Zee Business Live TV Streaming Below:
During the July-September period, the company's total consolidated income however increased to Rs 222.21 crore, from Rs 194.94 crore in the corresponding quarter previous fiscal.
Its expenses during the quarter were at Rs 296.48 crore, higher against Rs 175.63 crore a year ago.
Uttam Galva Steels Ltd is one of the largest manufacturers of cold-rolled steel and galvanised steel in the country's western region.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.