Ispat Industries Q1 results

Ispat Industries Ltd has announced the following Un-audited results for the quarter ended June 30, 2009:

The Company has posted a Net loss of Rs (2149.20) million for the quarter ended June 30, 2009 as compared to Net profit of Rs 287.30 million for the quarter ended June 30, 2008. Total Income has decreased from Rs 28757.80 million for the quarter ended June 30, 2008 to Rs 14018.50 million for the quarter ended June 30, 2009.