India’s largest stainless steel producer, Jindal Stainless Limited, reported its financial results for Q2 FY25, showcasing resilience amidst global market turmoil. Despite the complexities of the geopolitical environment and a slowdown in export demand, the company posted a 1.68% increase in standalone net revenue, reaching ₹9,746 crore. However, weak demand from export markets weighed on […]
Jindal Stainless Limited, a frontrunner in the stainless steel industry, has announced its financial results for the quarter ended December 31, 2023. The company’s standalone and consolidated performances have shown remarkable growth, underlining its resilience and strategic approach in a globally challenging environment. Standout Standalone Performance – Record Sales Volume: The company achieved its highest […]
IIT Bombay has inked a collaboration agreement with Jindal Stainless, aiming to set up a dedicated Chair Professorship within the institute. This esteemed Chair will focus its energies on amplifying research concerning industrial procedures and product innovations in the expansive stainless steel sector. Entrusted to an existing notable professor from IIT Bombay, the chair will […]
India’s race to space just got a robust boost thanks to Jindal Stainless, the country’s largest stainless steel manufacturer. The firm has developed and supplied a high-strength alloy steel grade used in the motor casing of India’s highly ambitious Chandrayaan-3 lunar mission. The specialized alloy, typically imported from various countries, has been painstakingly developed over […]
Jindal Stainless has laid the foundation stone for a 271-acre stainless steel industrial park in Jajpur through a virtual ceremony held in Bhubaneswar that was attended by Odisha Chief Minister Naveen Patnaik. The first-of-its-kind facility is expected to increase the production and demand of the metal in east India, and support the objective of the […]
Jindal Stainless Limited (JSL) has reported a profit after tax (PAT) of INR 750 crores for the fourth quarter of the fiscal year 2022 (Q4FY22), an increase of 156% compared to INR 293 crores for the same quarter of the previous fiscal year. The Indian stainless steel manufacturer earned revenue of INR 6,564 crores for […]
Jindal Stainless (Hisar) Limited (JSHL) has commissioned a precision strip mill as part of the first phase of its INR 450 crores brownfield expansion plan at its specialty products division (SPD). According to the Indian stainless steel manufacturer, the precision strip mill will have a capacity of 26,000 tonnes per annum (TPA). Jindal Stainless said […]
Tata Steel Mining Limited (TSML) has signed a memorandum of understanding (MoU) with Jindal Stainless Limited (JSL) for mining chrome ore located in the boundary between their mines in Sukinda, Jajpur district in Odisha. According to Tata Steel Mining, the agreement will help conserve the chromite ore which otherwise would not have been mined at […]