ALSO READJindal Stainless to focus on speciality steel Govt imposes duty on Chinese stainless steel products Domestic stainless steel industry eyes higher customs duty Domestic stainless steel output to rise 9% to 3.6 mn tonnes by year-end Odisha approves downstream parks by JSL, Welspun, Gitanjali
Jindal Stainless (Hisar) Ltd on Monday posted a 142 per cent jump in its net profit at Rs 1.33 billion for the quarter ended December 2017. The company had clocked a net profit of Rs 0.55 billion 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 Rs 24.66 billion from Rs 20.07 billion in the year-ago period. Total expenses during the second quarter were at Rs 22.77 billion as against Rs 19.26 billion during the same period a year ago, it added.