Jindal Steel and Power will double its metal making capability at Angul in Odisha to 12 million
Net revenue of Jindal Steel And Power Limited (JSPL) jumped 23 occasions to Rs 1,900.51 crore within the January-March quarter of the fiscal 12 months 2020-21 on a consolidated foundation, in comparison with Rs 82.13 crore in the identical quarter of the earlier fiscal. The development in revenue was majorly pushed by higher metal costs, decrease curiosity expense and stronger gross sales of the agency within the exports market.
Jindal Steel and Power stated that it would double its steelmaking capability at Angul in Odisha to 12 million tonnes each year.
On Wednesday, May 12, shares of Jindal Steel And Power Limited settled 4.19 per cent decrease at Rs 456.70 apiece on the BSE.
