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Jindal Stainless reports net loss of Rs 36.44 crore in Q2

29 Oct 2018 Evaluate

Jindal Stainless has reported results for second quarter ended September 30, 2018.

The company has reported a net loss of Rs 36.44 crore for the quarter under review as compared to net profit of Rs 27.30 crore for the same quarter in the previous year. However, total income of the company increased by 17.79% at Rs 3,088.55 crore for Q2FY19 as compared Rs 2,622.18 crore for the corresponding quarter previous year.

Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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