Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,
· Total revenue from operations increased by 12% YoY to reach ₹9,797.04 Cr · Net profit saw a massive surge of 120% YoY and stood at ₹764.03 Cr · EBITDA Margin rose 80% YoY and stood at ₹1,231 Cr
· Total Income rose to ₹9,828.97 Cr · An impressive 120% YoY increase in net profit · Domestic sales going up by 15% YoY
The company’s Board of Directors approved the payment of an interim dividend at ₹1 per equity share (face value of ₹2 each) for the fiscal year.
Jindal Stainless Limited’s board approved the proposal of exploring options to sell, liquidate, or divest equity stake in its subsidiary, PT Jindal Stainless, Indonesia
Source: Jindal Stainless Limited Report – Q2 Report, BSE