Jindal Steel & Power has reported results for the quarter ended June 30, 2011.
The company’s net profit for the quarter has registered growth of 7.91% at Rs 470.16 crore as compared to Rs 435.69 crore for the quarter ended June 30, 2010. Its total Income has increased by 19.52% at Rs 2543.18 for Q1FY12 million from Rs 2127.80 crore for Q1FY11.
On consolidated basis, the Group’s net profit has declined by 2.44% at of Rs 918.79 crore for the quarter as compared to Rs 941.82 crore for the similar quarter of the last fiscal. Its total Income has shot up by 31.98% at Rs 3972.51 crore for the quarter from Rs 3009.92 crore for the June quarter of the previous year.