Bigul

JINDAL STAINLESS LTD. - 532508 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Information regarding issuance of duplicate share certificate-pursuant to Regulation 39(3) of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015
04-08-2023

Jindal Stainless gains on better-than-expected Q1 numbers

The firm's profit rose to Rs 737.6 crore in the June quarter from Rs 507.9 crore in the year-ago period on healthy domestic market growth and a 17 percent increase in exports
27-07-2023

PMO probing dumping of Chinese stainless steel: Jindal Stainless Executive

"The Prime Minister's Office has taken up the mantle," Jindal told reporters, adding that the matter was likely being discussed internally.
27-07-2023
Bigul

Q1FY24 Quarterly Result Announced for Jindal Stainless Ltd.

Iron & steel/intermediate products company Jindal Stainless announced Q1FY24 results: Consolidated Q1FY24: Net revenue at Rs 10,184 crore, up by 25% YoY EBITDA at Rs 1,192 crore, up by 34% YoY PAT at Rs 738 crore, up by 45% YoY Standalone Q1FY24: Sales volume at 548,613 MT, up by 54% YoY Net revenue at Rs 10,027 crore, up by 25% YoY EBITDA at Rs 1,118 crore, up by 35% YoY PAT at Rs 666 crore, up by 47% YoY Net debt at Rs 2,956 crore Net debt-to-equity ratio at ~0.2 Commenting on the performance of the company, Managing Director, Jindal Stainless, Abhyuday Jindal, said, “We have recently expanded our capacity, hence, the attention will be on stabilizing and synergizing the expanded units. We will continue to maintain a sharp focus on the domestic market and capitalize exports, wherever possible. However, since the Indian stainless steel industry is operating well below its capacity, it needs government support for a level-playing field. The industry is still awaiting a positive decision by the government on imposing a countervailing duty (CVD) to curb dumping of mass and subsidized stainless steel in India by China.” Result PDF
26-07-2023
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