Jindal Stainless consolidated net profit rises 21.33% in the December 2019 quarter

Capital Market 

Sales decline 0.13% to Rs 3302.39 crore

Net profit of Jindal Stainless rose 21.33% to Rs 51.81 crore in the quarter ended December 2019 as against Rs 42.70 crore during the previous quarter ended December 2018. Sales declined 0.13% to Rs 3302.39 crore in the quarter ended December 2019 as against Rs 3306.70 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales3302.393306.70 0 OPM %9.006.75 -PBDT162.1183.17 95 PBT53.56-7.34 LP NP51.8142.70 21

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First Published: Wed, February 12 2020. 08:11 IST