09 Dec 14
Jindal Steel & Power, Essar, Monnet Ispat and other noted companies involved in power, steel and cement business requested the Supreme Court to review the decision of cancelling the coal block allocations made to them.
18 Jun 13
The Ministry of Coal (MoC) has issued showcause notices to two more coal blocks in Odisha over delay in developing the mines, continuing its crackdown on non-serious allocatees.
30 May 13
The company had reported standalone net profit of Rs 83.09 crore in the corresponding period of 2011-12. It did not publish the consolidated results for the last quarter.
15 Nov 12
Steel and power producer Monnet Ispat and Energy's standalone net profit declined by 7.34% at Rs 71.29 crore in the second quarter of the current fiscal on higher finance costs and tax expenses.
05 Oct 12
At a time when the mining sector in Karnataka seems to be getting back on track, the steel sector faces another hurdle—pricing.
15 May 12
Monnet Ispat and Energy on Monday reported a nine per cent rise in net profit at Rs 83 crore for the fourth quarter ended March, 31, buoyed by an 22 per cent increase in total income.
21 Nov 11
Monnet Ispat and Energy reported a net profit of Rs 76.94 crore for quarter ended September 2011, as compared to net profit of Rs65.60 crore for the same period last year.
02 Aug 11
Monnet Ispat & Energy (MIEL) today reported a marginal rise in its first quarter net profit at Rs 73.15 crore, driven by better prices of sponge iron, a raw material for steel making.
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