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JSHL Q3 net profit jumps manifold to 133.63 cr

The company had clocked a net profit of Rs 55.21 crore in the year ago quarter, Jindal Stainless (Hisar) Ltd (JSL) said in a BSE filing.

February 12, 2018 / 03:54 PM IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

 
 
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Jindal Stainless (Hisar) Ltd today posted a 142 per cent jump in its net profit at Rs 133.63 crore for the quarter ended December 2017.

The company had clocked a net profit of Rs 55.21 crore in the year ago quarter, Jindal Stainless (Hisar) Ltd (JSL) said in a BSE filing.

During the October-December quarter, total income of the company rose to Rs 2,466.37 crore from Rs 2007.54 crore in the year-ago period.

Total expenses during the second quarter were at Rs 2,277.76 crore as against Rs 1,926.90 crore during the same period a year ago, it added.
PTI
first published: Feb 12, 2018 03:48 pm

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