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Corporate Results - Steel


Jindal Stainless Q1 net up 32 pc

Our Bureau

New Delhi , July 13

JINDAL Stainless Ltd (JSL) has reported a profit after tax of Rs 66.10 crore for the first quarter, marking a 31.88 per cent increase compared to Rs 50.12 crore for the corresponding quarter last fiscal, according to a company release.

Total income increased to Rs 857.99 crore (Rs 649.46 crore).

The company also decided to increase the stainless steel melting capacity at its Hisar plant from 5.5 lakh tonnes to 7.2 lakh tonnes per annum along with downstream capacities.

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