{"id":156050,"date":"2023-11-10T04:17:31","date_gmt":"2023-11-10T09:17:31","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156050"},"modified":"2023-11-10T04:17:32","modified_gmt":"2023-11-10T09:17:32","slug":"jindal-steel-535-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/jindal-steel-535-rise-in-profits\/","title":{"rendered":"Jindal Steel &#038; Power Ltd Q2FY24; 535% rise in Profits"},"content":{"rendered":"<p>Jindal Steel &amp; Power Ltd is one of the India&#8217;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.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Jindal Steel &amp; Power Ltd reported Revenues for Q2FY24 of \u20b912,250.00 Crores down from \u20b913,521.00 Crore year on year, a fall of 9.4%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b910,898.00 Crores down from \u20b912,569.00 Crores year on year, a fall of 13.29%.<\/li>\n<li>Consolidated Net Profit of \u20b91,390.00 Crores up 534.7% from \u20b9219.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b913.60, up 593.88% from \u20b91.96 in the same quarter of the previous year.<\/li>\n<\/ul>\n<p>*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.<br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-135-839x1024.png\" alt=\"\" class=\"wp-image-156051\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-135-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-135-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-135-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-135-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-135.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-156020\" width=\"435\" height=\"161\"\/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Steel &amp; Power Ltd is one of the India&#8217;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 &amp; Power Ltd reported Revenues for Q2FY24 [&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":[105,392],"tags":[9148],"class_list":["post-156050","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-steel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155531,"url":"https:\/\/alphastreet.com\/india\/jindal-saw-ltd-q2fy24-1595-rise-in-profits\/","url_meta":{"origin":156050,"position":0},"title":"Jindal Saw Ltd Q2FY24; 1595% rise in Profits","author":"Hardik Bhandare","date":"October 31, 2023","format":false,"excerpt":"Jindal Saw Limited, the flagship company of PR Jindal group, is a leading global manufacturer and supplier of Iron & Steel pipes and pellets. Financial Results: Jindal Saw Ltd reported Revenues for Q2FY24 of \u20b95,466.00 Crores up from \u20b94,044.00 Crore year on year, a rise of 35.16%. 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