Jindal Steel & Power Q3: Net profit down 51% YoY, revenue rises slightly
The consolidated revenue rose slightly year-on-year to around Rs 11,751 crore, while EBITDA declined by nearly 24 percent year-on-year to Rs 2,133 crore
India's Jindal Steel and Power Q3 profit slumps on weak demand
Indian steelmaker Jindal Steel and Power reported a drop third-quarter profit on Thursday, hurt by muted demand and weak steel prices.
JSPL Q3 Results: Profit falls 51% despite 5% growth in steel sales
The company’s gross revenue for Q3FY25 stood at ₹13,707 crore, marking a marginal 0.1% year-on-year increase. However, adjusted EBITDA declined 24% to ₹2,133 crore, reflecting rising operational expenses and pricing pressures.
Jindal Steel & Power Q3: Net profit down 51% to Rs 951 crore, revenue rises slightly
The consolidated revenue rose slightly year-on-year to around Rs 11,751 crore, while EBITDA declined by nearly 24 percent year-on-year to Rs 2,133 crore. The company also unveiled its next stage of capital expenditure outline,
India's Jindal Stainless posts Q3 profit drop on falling steel prices
Indian steelmaker Jindal Stainless reported a 5.3% fall in third-quarter profit on Wednesday, hurt by lower prices amid discounted imports from China as well as rising expenses. The company's consolidated profit after tax declined to 6.
Jindal Stainless Q3 Results FY 2025: Net profit falls 5% to Rs 654.27 cr; interim dividend announced
Jindal Stainless Limited (JSL), the country's leading stainless-steel manufacturer, announced an interim dividend of 50 per cent for the financial year 2024-25.
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Jindal Steel and Power to Invest Rs70,000 crore more in Odisha to Drive Industrial and Social Transformation
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Jindal Steel & Power Hosts JSP TechCatalyst 2025 to Advance Technology-Driven Steelmaking
Held at JSP's Raigarh plant, the event has brought together over 50 leading companies, 175 global delegates, and 60+ ...
OP Jindal’s empire of steel is powered by grit and determination
In the 1950s, when most of his contemporaries were seeking steady government employment, he took the unconventional path by ...
Jindal Steel and Power to invest another Rs 70,000 crore in Odisha
Jindal Steel and Power (JSP) has announced an ambitious plan to invest an additional Rs 70,000 crore in Odisha over the ...
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Jindal's Bold Vision: Transforming Odisha with Massive Investment
Jindal Steel & Power plans to invest Rs 70,000 crore in Odisha, enhancing its industrial growth and impacting local livelihoods. Chairman Naveen Jindal announced potential steel plant projects and ...
JSW Group to invest $301 mln in India copper mines in non-ferrous foray as steel prices dull
India's steel-to-power conglomerate JSW Group will invest 26 billion rupees ($301.2 million) to set up operations at two ...
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JSIS advocates steel slag to drive sustainable construction practices
Jindal Shadeed Iron and Steel (JSIS), a leading force in the region’s industrial sector, recently hosted an exclusive event ...
Jindal Steel & Power to invest additional Rs 70,000 crore in Odisha
Jindal Steel & Power operates India's first coal gasification plant for steel production in Angul, with focus on reducing ...
Steel industry: Upcoming Budget Critical for India's Steel Industry Growth
In the upcoming union budget, the Indian steel industry seeks continued infrastructure investment and import safeguards. With ...