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Jindal Stainless standalone net profit declines 61.14% in the December 2018 quarter

Capital Market 

Sales rise 4.88% to Rs 3134.74 crore

Net profit of Jindal Stainless declined 61.14% to Rs 52.35 crore in the quarter ended December 2018 as against Rs 134.73 crore during the previous quarter ended December 2017. Sales rose 4.88% to Rs 3134.74 crore in the quarter ended December 2018 as against Rs 2988.86 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales3134.742988.86 5 OPM %7.2612.90 -PBDT86.66242.77 -64 PBT0.33165.86 -100 NP52.35134.73 -61

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 14:48 IST
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