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Jindal Stainless Q2 Net Up At Rs. 20.48 Cr Mumbai : Jindal Stainless Limited. (JSL) has registered a 23 per cent rise in net profit from Rs 16.64 core to Rs. 20.48 crore for the quarter ended September 30, 2000. Total income for the second quarter was Rs 353.04 crore (Rs. 249.43 Crore for the year ago. This included domestic sales of Rs. 300.57 crore (Rs. 236.60 crore). Export of Rs. 51.82 crore (Rs.11.65 crore) and other income of Rs. 65 lakhs (Rs 1.18 crore) an official statement said here on Monday. Total expenditure was Rs. 285.31 crore (Rs. 188.88 crore interest outgo was Rs. 28.35 crore (Rs. 28.82 crore). While depreciation amounted to Rs. 18.90 crore (Rs. 15.09 crore). Provision for taxation will be considered at fiscal close EPS for second quarter was Rs. 10.61 (Rs. 8.71). During the period the company raised 10.5 per cent cumulative non-convertible redeemable preference shares worth Rs. 10 crore. The statement said.  |
 "As Jindal Stainless
celebrates its 32nd birthday, indelible memories of the past
achievements fill us with extreme pride. And this brings with it, a
great sense of gratitude for all our stakeholders, partners &
associates, including the media. As we sail through times of great
success, moments of gruelling restructuring and turbulent market
conditions, we prepare this reservoir of memories...."
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