Jindal Steel and Power Ltd (JSP) reported a two-fold increase in Q4.

Jindal Steel and Power Ltd (JSP) reported a two-fold increase in its consolidated profit after tax (PAT) to Rs 933 crore in Q1 FY24, driven by reduced expenses. Total income was Rs 13,521.31 crore, while expenses were trimmed to Rs 12,357.99 crore from Rs 12,748.70 crore. Net debt was Rs 11,203 crore, with capex of Rs 2,523 crore for the quarter and Rs 8,517 crore for FY24. The board approved a final dividend of Rs 2 each for FY23-24.

May 13, 2024
3 Articles

Further Reading