The stainless steel major witnessed a remarkable 120 percent surge in its consolidated net profit, reaching Rs 764 crore in the quarter ending September FY24.
A Boston University graduate in Economics and Business Management, Abhyuday Jindal -- the son of Ratan Jindal, Chairman and Managing Director of the company -- has wide-ranging experience in the areas of project management and supply chain systems, the company said in an exchange filing.
In the past, Jindal Defence and Aerospace has supplied material for key DRDO and ISRO projects, including satellite launcher PSLV, GSLV Mk-3, Chandrayaan, and more
In a statement, the company said it is making efforts to decarbonise and reduce carbon emissions significantly for its present and future capacity expansion plans.
According to the company, the said infrastructure is the second stainless steel (SS) foot-over-bridge (FOB) in India after Naupada FOB in Andhra Pradesh.
On December 28, the Prime Minister inspected the Kanpur Metro Rail Project and undertook a metro ride from the IIT metro station to Geeta Nagar.
Calling it a major initiative, DRDO chairman Dr S Christopher said production of HNS in India will significantly help the country's ambitious defence indigenisation programme and also complement the 'Make in India' initiative.