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Jindal Stainless’ Q2FY25 consolidated net profit declines 20%

18 Oct 2024 Evaluate

Jindal Stainless has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 3.30% fall in its net profit at Rs 589.29 crore for the quarter ended September 30, 2024 as compared to Rs 609.40 crore for the same quarter in the previous year. However, total income of the company increased by 0.76% at Rs 9,828.08 crore for Q2FY25 as compared to Rs 9,754.21 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 20.24% fall in net profit at Rs 609.42 crore for Q2FY25 as compared to Rs 764.03 crore for the same quarter in the previous year. Total income of the company marginally decreased by 0.05% at Rs 9,823.88 crore for Q2FY25 as compared to Rs 9,828.97 crore for the corresponding quarter previous year.


Peers
Company Name CMP
JSW Steel 1272.05
Tata Steel 187.00
Steel Authority 176.90
Jindal Stainless 740.65
APL Apollo Tubes 2187.05
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