Jindal Stainless Q3 profit jumps manifold to Rs133.63 crore

Jindal Stainless Steel posted a 142% jump in its net profit at Rs133.63 crore for the quarter ended December 2017
PTI
The company had clocked a net profit of Rs55.21 crore in the year ago quarter.
The company had clocked a net profit of Rs55.21 crore in the year ago quarter.

New Delhi: Jindal Stainless (Hisar) Ltd on Monday posted a 142% jump in its net profit at Rs133.63 crore for the quarter ended December 2017.

The company had clocked a net profit of Rs55.21 crore in the year ago quarter, Jindal Stainless (Hisar) Ltd (JSL) said in a BSE filing.

During the October-December quarter, total income of the company rose to Rs2,466.37 crore from Rs2007.54 crore in the year-ago period.

Total expenses during the second quarter were at Rs2,277.76 crore as against Rs1,926.90 crore during the same period a year ago, it added.