Jindal Steel And Power Net Profit Jumps 23 Times To Rs 1,900 Crore In March Quarter

INSUBCONTINENT EXCLUSIVE:
Jindal Steel and Power will double its steel making capacity at Angul in Odisha to 12 millionNet profit of Jindal Steel And Power Limited
82.13 crore in the same quarter of the previous fiscal
The growth in profit was majorly driven by better steel prices, lower interest expense and stronger sales of the firm in the exports market
regulatory filing by the company to the stock exchanges, Jindal Steel and Power's total revenue from operations during the March quarter