01-May-2025
Corporate News
 
Jindal Steel Q4 results: Rs 304 crore loss despite higher sales
01-May-2025

Jindal Steel and Power Ltd (JSPL) on Wednesday reported a consolidated loss of Rs 304 crore for the March quarter of 2024-25. It had posted a net profit of Rs 933 crore in the January-March period of 2023-24, the company said in a statement. The company's gross revenue fell to Rs 15,525 crore from Rs 15,749 crore in the year-ago quarter. The company produced 2.11 million tonnes of steel, up from 2.05 million tonnes in the fourth quarter last financial year. Sales rose to 2.13 million tonnes from 2.01 million tonnes in the same quarter FY24.

News Source:- https://www.business-standard.com/companies/news/jindal-steel-q4-results-304-crore-loss-despite-higher-sales-125043001554_1.html
 
 
 

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