Jindal Steel & Power Ltd is one of the India’s leading steel producers with significant presence in sectors like mining and power generation. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.
Financial Results:
- Jindal Steel & Power Ltd reported Revenues for Q1FY24 of ₹12,588.00 Crores down from ₹13,045.00 Crore year on year, a fall of 3.5%.
- Total Expenses for Q1FY24 of ₹10,877.00 Crores up from ₹10,567.00 Crores year on year, a rise of 2.93%.
- Consolidated Net Profit of ₹1,692.00 Crores down 38.94% from ₹2,771.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹16.54, down 15.35% from ₹19.54 in the same quarter of the previous year.