Jindal Steel Q4 Results: Cons PAT expanded 100% year-on-year to Rs 933 crore, but revenue declined 1%.

Jindal Steel & Power on Monday reported a consolidated net profit of Rs 933 crore for the quarter ended March 31, 2024, a 100 per cent increase over the Rs 466 crore reported by the company in the corresponding quarter of the last fiscal.

Total operating revenue for the quarter was Rs 13,487 crore, compared to Rs 13,692 crore reported in the same period last year. It decreased by 1.5% compared to the same period last year.

More to come…