JSW Ispat Special Products Limited (JISPL) on Monday said its consolidated net loss widened to Rs 97.98 crore in the December quarter.
The company had posted a Rs 27.12 crore net loss in the year-ago period, according to a statement.
Its total income fell to Rs 1,110.33 crore from Rs 1,476.46 crore during the October-December period of the previous year.
Debt-laden Monnet Ispat & Energy Limited (MIEL) was acquired jointly by a consortium of Aion Investments Private Limited (AION) and JSW Steel Limited and later renamed as JSW Ispat Special Products Limited.