Gold Silver Reports (GSR) – JSW Energy Falls After Reposting Surprise Loss In March Quarter – Shares of the steel producer fell as much as 6.7 percent, the most since March 19, to Rs 76.30 after the company reported an unexpected loss during the March quarter on the back of one-time loss. The company reported a net loss of Rs 483 crore, while the analysts predicted a net profit of Rs 72.79 crore.
Key earnings highlights (Q4, YoY):
✅ Revenue down 4.7 percent at Rs 1,775 crore.
✅ Net loss of Rs 483 crore versus net profit of Rs 23.7 crore.
✅ One-time loss of Rs 418 crore.
✅ EBITDA down 28.2 percent at Rs 421.4 crore.
✅ Margin at 23.7 percent versus 31.5 percent.
Block Deal Alert: Reliance Communications
About 11.7 lakh million shares of the Anil Ambai-led telecom operator changed hands in a block deal.
Buyers and sellers were not known immediately.
