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Jindal Stainless Hisar reports 59% fall in Q3 net profit

31 Jan 2019 Evaluate

Jindal Stainless (Hisar) has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 58.79% in its net profit at Rs 55.07 crore for the quarter under review as compared to Rs 133.63 crore for the same quarter in the previous year. Total income of the company decreased by 8.52% at Rs 2256.20 crore for Q3FY19 as compared Rs 2466.37 crore for the corresponding quarter previous year.

Jindal Stainless (Hisar) is an India-based manufacturer of stainless steel. The company is a producer of stainless steel strips for razor blades and coin blanks. The company’s specialty product division caters to the precision and specialty stainless steel requirements of Indian and International customers.

Jindal Hisar Share Price

560.75 0.00 (0.00%)
08-Mar-2023 18:02 View Price Chart
Peers
Company Name CMP
Tata Steel 217.05
JSW Steel 1284.30
SAIL 187.35
Jindal Stainless 766.80
APL Apollo Tubes 1972.80
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