Jindal Steel and Power‘s consolidated net loss narrowed to Rs 745.98 crore for the quarter ended September 30, 2016 as compared to a net loss of Rs 909.53 crore in the corresponding quarter of previous year.

The consolidated net income from operations for the quarter under review slipped slipped 1.49 percent to Rs 4,665.54 crore against Rs 4,736.29 crore of last years’ quarter.

For the July-Sep quarter, the total expenditure of JSPL increased 5.19 percent to Rs 4,815.75 crore from Rs 4,577.96 crore in the same period last year.

Read EquityPandit’s Technical Analysis on Nifty Energy