Indian company Jindal Steel Limited (JSL), formerly known as Jindal Steel and Power Limited, reported a net profit of 1,885.00 million Indian rupees ($20.55 million) in the third quarter (October-December) of fiscal year 2025-26, down 80 percent from the same period last year. according to the company's regulatory documents filed on Monday, February 2.
The company reported revenue growth of 10.9 percent to 130.260 billion. Indian rupees ($ 1.42 billion).
The company said that despite the profit growth, profitability was under pressure due to increased operating costs.
The company predicts that it will close the current fiscal year with steel sales in the range of 8.5-9 million tons
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