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Shares in Jindal Steel sank a huge 6 per cent after the company reported a loss of Rs 235 crores for the quarter ending March 31, 2015. The company had reported a net profit of Rs 430.83 crore during the previous quarter ended March 2014.
The company's financial performance was also impacted due to the expense of additional levy of Rs 1912 crores as per the Judgement of the Honourable Supreme Court.
"All the steel plants delivered a stable performance and new units got over with their teething issues," the company said in a statement.
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