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Explore Now NEW DELHI: JSW Steel on Friday reported a manifold jump in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter. The private sector steel maker had clocked a net profit of Rs 187 crore in the corresponding quarter of the previous financial year, JSW Steel said in a BSE filing. Its total consolidated income during October-December 2020 rose to Rs 22,006 crore, compared with Rs 18,182 crore in the year-ago period. The company s total expenses stood at Rs 18,120 crore, higher as against Rs 17,719 crore a year ago. Part of O P Jindal Group, JSW Steel has presence in sectors such as steel, energy, infrastructure, cement and sports. ....
JSW Steel s net profit jumps manifold to Rs 2,669 crore in December quarter JSW Steel logo JSW Steel on Friday reported a manifold jump in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter. The private sector steel maker had clocked a net profit of Rs 187 crore in the corresponding quarter of the previous financial year, JSW Steel said in a BSE filing. Its total consolidated income during October-December 2020 rose to Rs 22,006 crore, compared with Rs 18,182 crore in the year-ago period. The company s total consolidated expenses stood at Rs 18,120 crore, higher as against Rs 17,719 crore a year ago. On a standalone basis, the company registered a net profit of Rs 2,829 crore, against Rs 691 crore in the year-ago quarter. ....
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Synopsis Jindal Steel and Power (JSPL) said the coal ministry has declared Jindal Power as the successful bidder for Gare Palma IV/1 Mine. A part of the OP Jindal Group, JSPL has presence in steel, power, mining and infrastructure sectors. NEW DELHI: Shares of Jindal Steel & Power (JSPL) gained 3 per cent in Friday s trade after the Naveen Jindal-owned company said its subsidiary Jindal Power has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh. Following the development, the stock rose 2.53 per cent to hit a high of Rs 272.80 on BSE. In a statement, Jindal Steel and Power (JSPL) said the coal ministry has declared Jindal Power as the successful bidder for Gare Palma IV/1 Mine. The company said this in the post market hours of Thursday. ....