{"id":138951,"date":"2023-01-23T10:12:05","date_gmt":"2023-01-23T15:12:05","guid":{"rendered":"https:\/\/44.250.171.167\/?p=138951"},"modified":"2023-01-23T10:12:06","modified_gmt":"2023-01-23T15:12:06","slug":"earnings-summary-of-jindal-stainless-limited-for-q3-fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-summary-of-jindal-stainless-limited-for-q3-fy23\/","title":{"rendered":"Earnings Summary Of Jindal Stainless Limited For Q3 FY23"},"content":{"rendered":"<p>Jindal Stainless Limited, a leading stainless steel manufacturing company in India, has reported its financial results for Q3 FY23. The company&#8217;s revenue stood at \u20b96,349.71 crore, which represents an increase of 12% compared to the same period in the previous year. This strong growth was driven by increased demand for the company&#8217;s stainless steel products. Net income for the quarter was \u20b9298.56 crore, a decrease of 32.4% compared to the third quarter of the previous year. Earnings per share was \u20b95.98, a decline of 28.5% compared to the same period in the previous year.<\/p>\n<p>The company lowered its debt to equity ratio to 0.53 from 0.69 year on year. This is a positive indication of the company&#8217;s ability to effectively repay its debt. However, the current ratio decreased to 0.95 from 1.13 over the same period.<\/p>\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1024x640.jpg\" alt=\"\" class=\"wp-image-138952\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1024x640.jpg 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-300x187.jpg 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-768x480.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1536x960.jpg 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-2048x1280.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Stainless Limited, a leading stainless steel manufacturing company in India, has reported its financial results for Q3 FY23. The company&#8217;s revenue stood at \u20b96,349.71 crore, which represents an increase of 12% compared to the same period in the previous year. This strong growth was driven by increased demand for the company&#8217;s stainless steel products. [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[9798],"class_list":["post-138951","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-stainless-steel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177457,"url":"https:\/\/alphastreet.com\/india\/jindal-stainless-limited-reports-%e2%82%b9827-78-crore-consolidated-net-profit-in-q3-fy26\/","url_meta":{"origin":138951,"position":0},"title":"Jindal Stainless Limited Reports \u20b9827.78 Crore Consolidated Net Profit in Q3 FY26","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"The manufacturer recorded a year-on-year increase in revenue and profit margins for the quarter ended December 31, 2025. This performance is supported by strategic capacity expansions in Indonesia and a revised positive credit outlook. Jindal Stainless Limited (NSE: JSL) reported a consolidated net profit of \u20b9827.78 crore for the quarter\u2026","rel":"","context":"In &quot;Other Industries&quot;","block_context":{"text":"Other Industries","link":"https:\/\/alphastreet.com\/india\/category\/other-industries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177454,"url":"https:\/\/alphastreet.com\/india\/jindal-stainless-limited-outlook-revised-to-positive-amid-regional-expansion-and-regulatory-uncertainty\/","url_meta":{"origin":138951,"position":1},"title":"Jindal Stainless Limited Outlook Revised to Positive Amid Regional Expansion and Regulatory Uncertainty","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"Company Profile Jindal Stainless Limited (NSE: JSL) operates as a manufacturer of stainless steel products with a single reportable operating segment. The company\u2019s debt-equity ratio stood at 0.35 as of December 31, 2025, a decrease from 0.42 in the same quarter of the previous year. For the nine-month period ended\u2026","rel":"","context":"In &quot;Other Industries&quot;","block_context":{"text":"Other Industries","link":"https:\/\/alphastreet.com\/india\/category\/other-industries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":146549,"url":"https:\/\/alphastreet.com\/india\/jindal-stainless-q4fy23-earnings-story\/","url_meta":{"origin":138951,"position":2},"title":"Jindal Stainless Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 17, 2023","format":false,"excerpt":"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 \u20b9 9,765 Crores up from\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"GABRIEL","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":149904,"url":"https:\/\/alphastreet.com\/india\/jindal-stainless-q1-2024-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":138951,"position":3},"title":"Jindal Stainless Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript","author":"Hardik Bhandare","date":"July 26, 2023","format":false,"excerpt":"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\u2019 Q1 earnings call live and check real-time transcript Jindal\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143022,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-jindal-steel-power-limited-for-q3-fy23\/","url_meta":{"origin":138951,"position":4},"title":"Earnings Summary Of Jindal Steel &#038; Power Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 28, 2023","format":false,"excerpt":"Jindal Steel & Power (NSE: JINDALSTEL) is an Indian steel and energy company founded in 1952 by O.P. Jindal. The company has a significant presence in steel, power, mining, and infrastructure sectors in India. JSPL's products include a wide range of steel products such as rails, plates, bars, angles, and\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166622,"url":"https:\/\/alphastreet.com\/india\/jindal-stainless-ltd-q3fy25-5-fall-in-profits\/","url_meta":{"origin":138951,"position":5},"title":"Jindal Stainless Ltd Q3FY25; 5% fall in Profits","author":"Chirag Gupta","date":"February 3, 2025","format":false,"excerpt":"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 Q3FY25 of \u20b99,907.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=138951"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138951\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=138951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=138951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=138951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}