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Jindal Stainless Ltd Q2FY25; 20% fall in Profits

Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc.

Financial Results:

Jindal Stainless Ltd reported Revenues for Q2FY25 of ₹9,777.00 Crores down from ₹9,797.00 Crore year on year, a fall of 0.2%.

Total Expenses for Q2FY25 of ₹8,990.00 Crores up from ₹8,944.00 Crores year on year, a rise of 0.51%.

Consolidated Net Profit of ₹609.00 Crores down 20.29% from ₹764.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.42, down 21.06% from ₹9.40 in the same quarter of the previous year.

 

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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