Jindal Stainless Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript

Jindal Stainless a manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex, will report first-quarter 2024 earnings today at 4:00 p.m. IST. The company will most likely provide business updates for the first quarter.

Listen to Jindal Stainless’ Q1 earnings call live and check real-time transcript

Jindal Stainless Limited reported Total Income for Q4FY23 of ₹ 9,765 Crores up from ₹ 9,726 Crore year on year, a rise of 0.5%, in the most recent quarter. The Consolidated Net Profit of ₹ 241 Crores, down 19% from ₹ 299 Crores in the same quarter of the previous year.

Through Q1FY23, persistent geopolitical tension and a highly unstable macroeconomic environment may put pressure on metal prices. The ongoing conflict between Ukraine and Russia caused raw material prices to increase globally during the first quarter. In this earnings call, JSL may also discuss the acquisition of Jindal United Steel Limited (JUSL) as a wholly-owned subsidiary.