One of India’s top producers of stainless steel flat products in austenitic, ferritic, martensitic, and duplex grades, utilised in a range of sectors including transportation, construction, consumer goods, and more, is Jindal Stainless Ltd.
Financial Results:
- 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%.
- Total Expenses for Q4FY23 of ₹ 8,621 Crores up from ₹ 8,314 Crores year on year, rise of 4%.
- Consolidated Net Profit of ₹ 241 Crores, down 19% from ₹ 299 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 9.30, down 13% from ₹ 10.72 in the same quarter of the previous year.