New Delhi, Oct. 27 -- Jindal Steel Ltd is expected to post weaker earnings for the September quarter, in line with its domestic peers, as lower sales due to an extended monsoon and weaker prices are likely to have eaten into its profits, analysts said.
The Naveen Jindal-led steelmaker will announce its earnings for the July-September period-the second quarter of 2025-26-on Tuesday.
During a post-earnings interaction in August, the company's management had sounded upbeat about a recovery in demand and easing of its inventory levels.
"We are in the month of August now, and we have already started seeing the sign of revival of demand from the construction side," Sushil Kumar Pradhan, head of sales and marketing at Jindal Steel, had said....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.