{"id":299701,"date":"2019-11-06T12:22:44","date_gmt":"2019-11-06T06:52:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299701"},"modified":"2019-11-06T12:22:44","modified_gmt":"2019-11-06T06:52:44","slug":"jspl-q2-profit-plunges-96-yoy-to-rs-15-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jspl-q2-profit-plunges-96-yoy-to-rs-15-crore\/","title":{"rendered":"JSPL Q2 profit plunges 96% YoY to Rs 15 crore"},"content":{"rendered":"<p>JSPL posted a sharp fall in standalone profit to Rs 15 crore in the second quarter ended September 30, down 96% from Rs 383 crore it had reported in the same period last year.<\/p>\n<p>The company&#8217;s turnover was lower at Rs 6,573 crore in Q2FY20 against Rs 6,849 crore in Q2FY19. Earnings before interest tax depreciation and amortisation (EBITDA) was at Rs 1,255 crore, while JSPL&#8217;s EBITDA margin stood at 19% during the quarter. <\/p>\n<p>The company said it benefitted from its diversified and differentiated product profile. &#8220;Though the quarter was due to be the weakest given the monsoon season, further weakened by the muted economic growth in the country; products like rails, structuresas,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSPL posted a sharp fall in standalone profit to Rs 15 crore in the second quarter ended September 30, down 96% from Rs 383 crore it had reported in the same period last year. The company&#8217;s turnover was lower at Rs 6,573 crore in Q2FY20 against Rs 6,849 crore in Q2FY19. Earnings before interest tax depreciation and amortisation (EBITDA) was at Rs 1,255 crore, while JSPL&#8217;s EBITDA margin stood at 19% during the quarter. The company said it benefitted from its diversified and differentiated product profile. &#8220;Though the quarter was due to be the weakest given the monsoon season, further [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-299701","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299701"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299701\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}