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Focusing on special niche markets including defence: Jindal Stainless

In an interview with CNBC-TV18, Ashok Gupta, Director, Finance & Marketing of Jindal Stainless (Hisar) spoke about the results and his outlook for the company.

February 14, 2018 / 13:46 IST

Jindal Stainless (Hisar) posted a strong set of earnings this quarter. Their net sales rose 35 percent while their operating profit spiked up by 44 percent.

In an interview with CNBC-TV18, Ashok Gupta, Director, Finance & Marketing of Jindal Stainless spoke about the results and his outlook for the company.

Post goods and services tax (GST), there has been a demand improvement in many sectors, he said.

We have been debottlenecking our units, he added.

Our total finished products may improve by 10-12 percent in the years to come, said Gupta.

We are focussing on special niche markets including defence, he further mentioned.

For full interview, watch accompanying video...

CNBC-TV18
first published: Feb 14, 2018 01:41 pm

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