Tag: Jindal Stainless Steel Ltd

Jindal Stainless Ltd (JSL) reported a 30% y-o-y decline in Q4 consolidate net profit to INR 501 crore due to falling LME nickel prices and rising shipping costs amidst the Red Sea crisis. Despite plans to boost volumes by 20-25% in FY25, challenges persist with weak exports and increased Chinese dumping, impacting margins and threatening…