Jindal Steel & Power Ltd (JSPL) reported 11% jump in consolidated net profit at Rs894.2 crore for the second quarter of this fiscal on robust sales.
The steel-maker had a net profit of Rs808.4 crore in the same period last year, the company said in a filing to the Bombay Stock Exchange (BSE).
During the second quarter to end-September, Jindal Steel's net sales soared 25% to Rs3,078 crore from Rs2,455.6 crore same period last year.
On Thursday, JSPL shares ended 1.5% down at Rs695 on the BSE, while the benchmark Sensex declined 1.1% to 20,005 points.
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