Uttam Galva Steels posts Rs 90 cr net loss in Jul-Sep quarter

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.

TRENDING NOW

180% return in 3 months: Do you own this multibagger stock?

Public Provident Fund (PPF): How Rs 1000 will become Rs 5.16 lakh in PPF investment

Commodity Capsule: Brent crude oil near two-week lows; gold rises, base metal slips

After a two-day pause, Tata Technologies trades in green again

Cyclone hits air services in Vizag, 23 flights cancelled

Morgan Stanley, Goldman Sachs, and others buy stakes in CAMS; stock hits 52-week high

India poised to become world's 3rd largest economy by 2030: S&P Global

Anil Singhvi strategy December 5: Important levels to track in Nifty50, Nifty Bank today

Byju's to hold board meeting on December 20 amid pending dues

Cyclone Michaung update: IMD forecast offers some respite for Chennai with predictions of light rainfall

M&M Financial shares slip 2% post-monthly business update—here's what brokerages suggest

Share Market Today LIVE: MARKET AT ALL-TIME HIGH | Nifty scales fresh peak of 20,813.1; Sensex at 69,306.97; Nifty Bank at 46,933.15

DSP Mutual Fund unveils unique DSP Nifty Smallcap250 Quality 50 Index Fund; NFO opens

IPL Auction 2024: Check Date, Time, Venue, Total Purse Remaining, Slots—All You Need to Know

SIP Calculator: Need money for daughter's education? This SIP investment formula can help you generate Rs 1 crore

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.