Jindal Stainless Q3 results: Net profit jumps 229% to Rs 170 cr

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Jindal Stainless Q3 results: Net profit jumps 229% to Rs 170 cr
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, ET Bureau
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Synopsis

A V-shaped recovery in stainless steel demand in the domestic markets bolstered JSL’s sales volume, said the company in a statement on Thursday.

Agencies
JSL’s sales volume was recorded at 250,562 tonnes in Q3 of FY 21, up 5% year-on-year. Company’s total exports reduced by 13%, whereas domestic sales were up 13% year-on-year.

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