Indresh Batra

By Indresh Batra, Managing Director, Jindal SAW

Rail Budget 2012-13: A mixed bag for the sector says Jindal Saw

Indresh Batra, Managing Director, Jindal SAW & Chairman, JITF says, "The Railway Budget 2012-13 announced by the Hon’ble Minister is a mixed bag for the sector."

Rail Budget: Need to hasten up work on freight lines

Work on the dedicated freight lines should be accelerated to avoid congestion on the operative routes, says Indresh Batra, Chairman, Jindal ITF.

Finance Minister: Jindal SAW seeks relief for miners, GST rollout

The Union Budget for the 2012-13 would hopefully focus on withholding tax issue. We expect the Budget to provide relief to the miners, whose margins are already under pressure due to the latest hike in export duty on the key steel-making ingredient to 30% says Indresh Batra, Managing Director, Jindal SAW

See revenue over Rs 1500cr in Q4: Jindal Saw

In an interview to CNBC-TV18, Indresh Batra, managing director of Jindal Saw says, he sees better quarters ahead. He expects a revenue of over Rs 1,500 crore in fourth quarter of FY12.

Jindal Saw may commission its iron ore mines by June

The profit after tax of Jindal Saw was hit on account of high interest rates and forex fluctuation losses, informs managing director Indresh Batra.

See topline around Rs 1200cr in Q2: Jindal Saw

In an interview to CNBC-TV18, Indresh Batra, MD, Jindal Saw Ltd said, second quarter would be more or less the reflection of the first quarter. “It will be very baseline, about Rs 1,200 crore top-line with about 16% earnings before interest, taxes, depreciation and amortization (EBITDA) margins."

Jindal Saw Q3 net dips, eyes Rs 1300cr rev in Q4

Jindal Saw, a flagship company of OP Jindal Group, has reported a net profit of Rs 125 crore in third quarter of FY11 as against Rs 168 crore in same quarter of FY10. Net sales too slipped to Rs 1,063 crore from Rs 1,371 crore during same period.

See stronger margins ahead, says Jindal Saw

In an exclusive interview with CNBC-TV18, Indresh Batra, Managing Director of Jindal Saw, says that upcoming the beneficiation plant in Rajasthan would save about Rs 3,500 to Rs 4,000 per ton. “We expect the margins to become much stronger. We expect about Rs 350 crores on an annual basis,” he said.