Jindal Stainless net down 57% at Rs 42cr

Jindal Stainless net profit declined by 57% to Rs 41.80 crore in the quarter ended September 2007, when compared to Rs 97.05 crore in the corresponding quarter last fiscal.

The company's total income has decreased to Rs 1,130.55 crore from Rs 1,150.05 crore in Q2FY07.