Jindal Steel beats the Street; Q1 net profit up 12% to ₹1,496 crore despite 10% revenue drop
The EBITDA margin expanded to 24.4% in the April-June quarter versus 20.85% in the year-ago period, well over the CNBC TV18 poll’s estimate of 21.05%. Shares of Jindal Steel Ltd ended at ₹995.60, up by ₹5.30, or 0.54%, on the BSE today (August 12).
The EBITDA margin expanded to 24.4% in the April-June quarter versus 20.85% in the year-ago period, well over the CNBC TV18 poll’s estimate of 21.05%. Shares of Jindal Steel Ltd ended at ₹995.60, up by ₹5.30, or 0.54%, on the BSE today (August 12).
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