Business Standard

Jindal Steel & Power Q3 net marginally up at Rs 325 cr

Image

Press Trust of India Mumbai

Jindal Steel & Power today said its net profit in the third quarter of the current fiscal grew marginally by 1.91 per cent at Rs 325.17 crore over the corresponding period a year ago.

The company had a net profit of Rs 319.05 crore in the third quarter last financial year, Jindal Steel & Power said in a filing to the Bombay Stock Exchange.

Total income of steel and power producer rose to Rs 1,791.46 crore in December quarter this fiscal from Rs 1,407.41 crore a year ago.

For the nine-month period ended December 31, Jindal Power & Steel posted a net profit of Rs 1,179.63 crore, 39.49 per cent growth over the corresponding period a year ago. It had a net profit of Rs 845.63 crore in the same period last year.

 

Shares of Jindal Power & Steel today closed at Rs 912, down 1.39 per cent on the BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 29 2009 | 7:40 PM IST

Explore News