New Delhi, Jan. 29 -- Jindal Stainless Limited (JSL) on Wednesday reported 20.6 percent dip in net profit year-on-year basis at Rs 619 crore in the October-December quarter of 2024-25, versus Rs 779 crore in the same quarter of 2023-24.
The company's Q3FY25 standalone net revenue was recorded at Rs 10,066 crores, exhibiting a growth of 10.8 percent on a year-on-year basis, the company said in a regulatory filings with the stock exchanges.
Commenting on the performance of the company, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, said, "Recent times in the Indian steel and stainless steel industry have been witness to the adverse effects of subsidised dumping of inferior quality products by countries having surplus capacities. W...