Jai Balaji Industries has reported results for third quarter ended December 31, 2023 (Q3FY24).
Jai Balaji Industries has reported over 8-fold jump in net profit at Rs 234.60 crore for the quarter ended December 31, 2023 as compared to Rs 27.91 crore for the same quarter in the previous year. Total income of the company increased by 1.50% at Rs 1,562.43 crore for Q3FY24 as compared Rs 1,539.40 crore for corresponding quarter of the previous year.
Jai Balaji Industries (JBIL) is engaged in the manufacturing of sponge iron, pig iron, reinforcement steel TMT bars, alloy and mild steel ingots and wire rods; and carbon, alloy, and mild steel heavy rounds.
