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Jindal Stainless Q1 net profit rises 7.6% to ₹769 crore
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Jindal Stainless Q2 net profit rises 11% to Rs 898 crore
Jindal Stainless has revised its FY27 volume growth outlook to 4-6%, down from the previous 7-9% forecast, due to declining sales. Despite the downturn, the company reported an 11% rise in profits during the September quarter, driven by over 664,000 tonnes of steel sold, with exports comprising 11%. This adjustment reflects ongoing challenges in the market affecting their overall performance.
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