Jindal Steel & Power announced that the Board of Directors of the Company at its meeting held on 30 April 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net loss of Jindal Steel & Power reported to Rs 339.40 crore in the quarter ended March 2025 as against net profit of Rs 935.37 crore during the previous quarter ended March 2024. Sales declined 2.25% to Rs 13183.13 crore in the quarter ended March 2025 as against Rs 13486.96 crore during the previous quarter ended March 2024.For the full year,net profit declined 52.65% to Rs 2812.13 crore in the year ended March 2025 as against Rs 5938.42 crore during the previous year ended March 2024. Sales declined 0.52% to Rs 49764.97 crore in the year ended March 2025 as against Rs 50026.76 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales13183.1313486.96 -2 49764.9750026.76 -1 OPM %17.1618.12 -19.0620.39 - PBDT1991.862158.42 -8 8340.559063.02 -8 PBT1301.261163.52 12 5573.006241.27 -11 NP-339.40935.37 PL 2812.135938.42 -53 Powered by Capital Market - Live News

Jindal Steel & Power will hold a meeting of the Board of Directors of the Company on 30 April 2025.Powered by Capital Market - Live News

Jindal Steel & Power, through its wholly owned subsidiary, Jindal Steel Odisha (JSO), has acquired shareholding in Allied Strips for a cash consideration of Rs 217.53 crore. Consequently, Allied Strips (ASL) has become a subsidiary of the Company.The acquisition of ASL will help JSO expand its product portfolio and provide significant synergies with the existing steel manufacturing business (steel produced in JSO can be used as a raw material in ASL).Incorporated in August 1992, ASL specializes in the manufacturing and supply of steel products. The company produces a variety of steel items, including hot rolled coils, cold rolled coils, Cold Rolled Close Annealed (CRCA) steel, serving diverse sectors, including automotive, white goods, precision tubes etc. The company currently has a capacity to process over 3,00,000 metric tonne of HR coil per annum.Powered by Capital Market - Live News

Net profit of Jindal Steel & Power declined 50.71% to Rs 950.48 crore in the quarter ended December 2024 as against Rs 1928.32 crore during the previous quarter ended December 2023. Sales rose 0.42% to Rs 11750.67 crore in the quarter ended December 2024 as against Rs 11701.32 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales11750.6711701.32 0 OPM %18.5824.29 - PBDT1897.482562.62 -26 PBT1199.421926.95 -38 NP950.481928.32 -51 Powered by Capital Market - Live News