JSHL Q3 profit falls 59% YoY to Rs 55 cr

摘要

Jindal Stainless (Hisar) Limited (JSHL) reported a 59% decline in Q3FY19 net profit to Rs 55 crore, compared to Rs 134 crore in the corresponding period last year (CPLY). The company saw a 8% dip in revenue to Rs 2,233 crore in Q3FY19 compared to Rs 2,439 crore in the corresponding period last year even as sales volume of value added products like blade steel, precision strips, and coin blanks achieved a growth of 19% during Q3 FY19 (CPLY).