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Jindal Stainless Ltd Q3FY24; 35% rise 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 Q3FY24 of ₹9,127.00 Crores up from ₹9,062.00 Crore year on year, a rise of 0.72%.

Total Expenses for Q3FY24 of ₹8,263.00 Crores down from ₹8,451.00 Crores year on year, a fall of 2.22%.

Consolidated Net Profit of ₹691.00 Crores up 34.7% from ₹513.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.41, down 11.19% from ₹9.47 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.

Tags: Steel
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