Consolidated Media Coverage Report. Jindal Stainless Limited PAT surges by 233%

Transcription

1 Consolidated Media Coverage Report Jindal Stainless Limited PAT surges by 233%

2 Jindal Stainless Limited PAT surges by 233% Electronic Date Channel Programme Duration ET Now Market Sense 317 seconds Print Date Publication Edition Headline Jindal Stainless Q3 Net Rises Over Three-fold to 135 Economic Times Mumbai crore Financial Express All Editions Jindal Stainless Q3 profit jumps to Rs.135 crore Dina Thanthi Chennai Jindal Stainless Q3 Profit Online Date Headline Business-standard.com Economictimes.indiatimes.com Timesofindia.indiatimes.com Livemint.com Btvi.in Outlookindia.com Thehansindia.com Indiatoday.in Indiainfoline.com Hindi.thequint.com Jindal Stainless Q3 profit jumps to Rs 135 cr Jindal Stainless posts over 3-fold jump in Q3 net Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Hisar s Q3 profit jumps manifold to Rs crore Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Ltd's Q3FY18 standalone net profit rises 180% yoy to Rs109.4cr ज दलस ट नल सक श द ध ल भ143 फ सद बढ़ Orissadiary.com Jindal Stainless Limited PAT surges by 233% Internationalnewsandviews.com Jindal Stainless Limited PAT surges by 233% Indiannewsdiary.blogspot.in Jindal Stainless beats estimate; Q3 net profit rises 180% Searchtopnewsupdates.blogspot.in Jindal Stainless Limited PAT surges by 233% Searchtopnewsupdates.wordpress.com Jindal Stainless Limited PAT surges by 233% Indiafinancenews.com Jindal Stainless posts over 3-fold jump in Q3 net

3 Electronic Date 15 February, Channel ET Now Duration 317 seconds

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5 Print Date 15 February, Publication Economic Times Page No. 16

6 Date 15 February, Publication Financial Express Page No. 6

7 Date 15 February, Publication Dina Thanthi Page No. 6

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9 Online Date 15 February, _1.html

10 Jindal Stainless Q3 profit jumps to Rs 135 cr Jindal Stainless Steel Ltd (JSL) today posted over 237 per cent jump in its net profit to Rs 135 crore for the December quarter of the current fiscal.the company had clocked net profit of Rs 40 crore during the October-December quarter of last fiscal.its total income also rose to Rs 2, crore in the third quarter of , from Rs 2, crore in the year-ago period, JSL said in a BSE filing.jsl Vice-Chairman Abhyuday Jindal said: "JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production.subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27 per cent and 61 per cent respectively in the quarter under review, over the year-ago period. Date 15 February, net/articleshow/ cms

11 Jindal Stainless posts over 3-fold jump in Q3 net Domestic stainless steel producer, Jindal Stainless Limited (JSL), reported a net profit of Rs 135 crore, registering an more than three-fold jump over a net profit Rs 40 crore in Q3FY17, driven by higher volumes and a better product mix. Net revenue for Q3FY18 grew by 43 per cent, up to Rs 2,989 from Rs 2,093 in same period last year led by improved sales. JSL said it posted its highest ever melt production at 223,704 tonne for the quarter ended December 31, JSL sales volumes were up by 14 per cent to 558,781 tonne in the nine month period ended December 31, 2017 over corresponding period last year. In particular, segments like automotive, railways and construction contributed to the growth in its income. JSL vice-chairman Abhyuday Jindal said: In this financial year, during the nine month period, our operational performance has touched a new high. JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Date 15 February, crore/articleshow/ cms

12 Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Steel Ltd (JSL) today posted over 237 per cent jump in its net profit to Rs 135 crore for the December quarter of the current fiscal. The company had clocked net profit of Rs 40 crore during the October-December quarter of last fiscal. Its total income also rose to Rs 2, crore in the third quarter of , from Rs 2, crore in the year-ago period, JSL said in a BSE filing. JSL Vice-Chairman Abhyuday Jindal said: "JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production.a Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27 per cent and 61 per cent respectively in the quarter under review, over the year-ago period. Date 15 February, crore.html

13 Jindal Stainless Hisar s Q3 profit jumps manifold to Rs crore Jindal Stainless (Hisar) Ltd on Monday posted a 142% jump in its net profit at Rs crore for the quarter ended December The company had clocked a net profit of Rs55.21 crore in the year ago quarter, Jindal Stainless (Hisar) Ltd (JSL) said in a BSE filing. During the October-December quarter, total income of the company rose to Rs2, crore from Rs crore in the year-ago period. Total expenses during the second quarter were at Rs2, crore as against Rs1, crore during the same period a year ago, it added. Date 15 February,

14 JINDAL STAINLESS THIRD QUARTER PROFIT JUMPS TO RS 135 CRORE Jindal Stainless Steel Ltd (JSL) today posted over 237 per cent jump in its net profit to Rs 135 crore for the December quarter of the current fiscal. The company had clocked net profit of Rs 40 crore during the October-December quarter of last fiscal. Its total income also rose to Rs 2, crore in the third quarter of , from Rs 2, crore in the year-ago period, JSL said in a BSE filing. JSL Vice-Chairman Abhyuday Jindal said: "JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27 per cent and 61 per cent respectively in the quarter under review, over the year-ago period. Date 15 February,

15 Jindal Stainless Q3 profit jumps to Rs 135 cr Jindal Stainless Steel Ltd (JSL) today posted over 237 per cent jump in its net profit to Rs 135 crore for the December quarter of the current fiscal. The company had clocked net profit of Rs 40 crore during the October-December quarter of last fiscal. Its total income also rose to Rs 2, crore in the third quarter of , from Rs 2, crore in the year-ago period, JSL said in a BSE filing. JSL Vice-Chairman Abhyuday Jindal said: "JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27 per cent and 61 per cent respectively in the quarter under review, over the year-ago period. Date 15 February, crore/359013

16 Jindal Stainless Q3 profit jumps to Rs 135 crore Jindal Stainless Steel Ltd (JSL) today posted over 237 per cent jump in its net profit to Rs 135 crore for the December quarter of the current fiscal.the company had clocked net profit of Rs 40 crore during the October-December quarter of last fiscal. Its total income also rose to Rs 2, crore in the third quarter of , from Rs 2, crore in the year-ago period, JSL said in a BSE filing. JSL Vice-Chairman Abhyuday Jindal said: "JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. a Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27 per cent and 61 per cent respectively in the quarter under review, over the year-ago period. Date 15 February,

17 Jindal Stainless Q3 profit jumps to Rs 135 cr Jindal Stainless Steel Ltd (JSL) today posted over 237 per cent jump in its net profit to Rs 135 crore for the December quarter of the current fiscal. The company had clocked net profit of Rs 40 crore during the October-December quarter of last fiscal. Its total income also rose to Rs 2, crore in the third quarter of , from Rs 2, crore in the year-ago period, JSL said in a BSE filing. JSL Vice-Chairman Abhyuday Jindal said: "JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27 per cent and 61 per cent respectively in the quarter under review, over the year-ago period. Date 15 February,

18 Jindal Stainless Ltd's Q3FY18 standalone net profit rises 180% yoy to Rs109.4cr Jindal Stainless Ltd reported strong revenue and earnings growth for Q3FY18. Revenue grew by 32.2% yoy to Rs2,989cr. EBITDA stood at Rs386cr, up 13.2% yoy. EBIDTA margin fell by 218bps yoy to 12.9%. Adjusted Net Profit stood at Rs109 up 180% yoy, after adjusting for foreign exchange gains and losses. The tax rate for Q3FY18 stood at 34% against a tax rate of 34.6% in Q3FY17. Gross Margins for the quarter stood at 38% against 47.5% in Q3FY17. Revenue for 9MFY18 stood at Rs7,791cr, an increase of 20% yoy. Net Profit over the same period grew to Rs204cr, against a loss of Rs103cr. Technical View: Jindal Stainless Ltd ended at Rs122.35, up by 7.85 points or 6.86% from its previous closing of Rs on the BSE. The scrip opened at Rs118 and touched a high and low of Rs and Rs respectively. A total of 26,24,115 (NSE+BSE) shares were traded on the counter. The stock traded below its 100 DMA. Date 15 February,

19 ज दल स ट नल स क श द ध ल भ 143 फ सद बढ़ नई दल ल, 14 फरवर (आईएएनएस) ज दल स ट नल स ( हस र) ल मट ड न च ल वत त वषर क त सर तम ह म पछल स ल क सम न अव ध क म क बल श द ध ल भ म 143 फ सद व द ध दजर क ह क पन क ओर स स मव र क ज र एक व प त क म त बक, ज दल स ट नल स क बक र सम ध न अव ध म पछल स ल क सम न अव ध क म क बल आठ फ सद क बढ़त क स थ 1,89,000 टन ह गई और क ल र जस व 2,439 कर ड़ र पय रह, ज क पछल स ल क सम न अव ध क म क बल 35 फ सद ज य द ह बय न क अन स र, कर च क न क ब द 31 दस बर, 2017 क सम प त ह ई तम ह म क पन क श द ध म न फ 134 कर ड़ र पय रह, ज पछल स ल क सम न अव ध क म क बल 143 फ सद अ धक ह ज दल स ट नल स क श द ध क मत 31 दस बर, 2017 क 1,160 कर ड़ र पय थ ज एसएचएल क उप ध य अभ य दय ज दल न कह, हमन सम ध न तम ह म व द ध दर क रफ त र क क यम रख ह हम र म न फ और र जस व च ल वत त वषर क श र आत न मह न म पछल स ल क म क बल क रमश: 90 फ सद और 45 फ सद बढ़ ह Date 15 February,

20 Jindal Stainless Limited PAT surges by 233% India s leading stainless steel producer, Jindal Stainless Limited (JSL), achieved highest ever melt production at 223,704 MT for the quarter ended December 31, JSL sales volumes were up by 14% to 558,781 MT in the nine month period ended December 31, 2017 over corresponding period last year (CPLY). On account of higher sales volumes, total net revenue for Q3FY18 grew by 43%, up to Rs 2,989 from Rs 2,093 (CPLY). Segments contributing to growth in income were automotive, railways and construction. During the quarter, JSL reported a PAT at Rs 135 crore, registering an increase of 233% over CPLY due to improvement in volumes, product mix and operational efficiencies. The net worth of the company as on December 31, 2017 stood at Rs 2,191 crore. Date 15 February,

21 Jindal Stainless Limited PAT surges by 233% India s leading stainless steel producer, Jindal Stainless Limited (JSL), achieved highest ever melt production at 223,704 MT for the quarter ended December 31, JSL sales volumes were up by 14% to 558,781 MT in the nine month period ended December 31, 2017 over corresponding period last year (CPLY). On account of higher sales volumes, total net revenue for Q3FY18 grew by 43%, up to Rs 2,989 from Rs 2,093 (CPLY). Segments contributing to growth in income were automotive, railways and construction. During the quarter, JSL reported a PAT at Rs 135 crore, registering an increase of 233% over CPLY due to improvement in volumes, product mix and operational efficiencies. The net worth of the company as on December 31, 2017 stood at Rs 2,191 crore. Vice-Chairman JSL, Mr Abhyuday Jindal said, In this financial year, during the nine month period, our operational performance has touched a new high. JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27% and 61% respectively in Q3FY18 (CPLY). JSL is now ready to deliver wider range of products, including hot rolled chequered sheets, which finds application in oil & gas and food processing industry. Stainless steel is expected to witness robust demand in coming quarters from automobile, railways, including metro projects and construction segment. Jindal Stainless will continue its pan-india market development initiatives to enhance stainless steel demand through digital and direct marketing programs. In order to ensure that the end consumers of stainless steel are getting quality products, JSL has initiated several training and development programs. Initiatives like fabricator training program, awareness road shows and plumbing workshops continue to reach out to a wide cross-section of audiences. Going forward, our wide network of service centres will enhance cutting and slitting lines for just-in-time fulfilment of customer orders. Date 15 February,

22 Jindal Stainless beats estimate; Q3 net profit rises 180% India s leading stainless steel producer, Jindal Stainless Limited (JSL), achieved highest ever melt production at 223,704 MT for the quarter ended December 31, JSL sales volumes were up by 14% to 558,781 MT in the nine month period ended December 31, 2017 over corresponding period last year (CPLY). On account of higher sales volumes, total net revenue for Q3FY18 grew by 43%, up to Rs 2,989 from Rs 2,093 (CPLY). Segments contributing to growth in income were automotive, railways and construction. During the quarter, JSL reported a PAT at Rs 135 crore, registering an increase of 233% over CPLY due to improvement in volumes, product mix and operational efficiencies. The net worth of the company as on December 31, 2017 stood at Rs 2,191 crore. Vice-Chairman JSL, Mr. Abhyuday Jindal said, In this financial year, during the nine month period, our operational performance has touched a new high. JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27% and 61% respectively in Q3FY18 (CPLY). JSL is now ready to deliver wider range of products, including hot rolled chequered sheets, which finds application in oil & gas and food processing industry. Stainless steel is expected to witness robust demand in coming quarters from automobile, railways, including metro projects and construction segment. Jindal Stainless will continue its pan-india market development initiatives to enhance stainless steel demand through digital and direct marketing programs. In order to ensure that the end consumers of stainless steel are getting quality products, JSL has initiated several training and development programs. Initiatives like fabricator training program, awareness road shows and plumbing workshops continue to reach out to a wide cross-section of audiences. Going forward, our wide network of service centres will enhance cutting and slitting lines for just-in-time fulfillment of customer orders.

23 Date 15 February,

24 Jindal Stainless Limited PAT surges by 233% India s leading stainless steel producer, Jindal Stainless Limited (JSL), achieved highest ever melt production at 223,704 MT for the quarter ended December 31, JSL sales volumes were up by 14% to 558,781 MT in the nine month period ended December 31, 2017 over corresponding period last year (CPLY). On account of higher sales volumes, total net revenue for Q3FY18 grew by 43%, up to Rs 2,989 from Rs 2,093 (CPLY). Segments contributing to growth in income were automotive, railways and construction. During the quarter, JSL reported a PAT at Rs 135 crore, registering an increase of 233% over CPLY due to improvement in volumes, product mix and operational efficiencies. The net worth of the company as on December 31, 2017 stood at Rs 2,191 crore. Vice-Chairman JSL, Abhyuday Jindal said, In this financial year, during the nine month period, our operational performance has touched a new high. JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27% and 61% respectively in Q3FY18 (CPLY). JSL is now ready to deliver wider range of products, including hot rolled chequered sheets, which finds application in oil & gas and food processing industry. Stainless steel is expected to witness robust demand in coming quarters from automobile, railways, including metro projects and construction segment. Jindal Stainless will continue its pan-india market development initiatives to enhance stainless steel demand through digital and direct marketing programs. In order to ensure that the end consumers of stainless steel are getting quality products, JSL has initiated several training and development programs. Initiatives like fabricator training program, awareness road shows and plumbing workshops continue to reach out to a wide cross-section of audiences. Going forward, our wide network of service centres will enhance cutting and slitting lines for just-in-time fulfilment of customer orders. Date 15 February,

25 Jindal Stainless Limited PAT surges by 233% India s leading stainless steel producer, Jindal Stainless Limited (JSL), achieved highest ever melt production at 223,704 MT for the quarter ended December 31, JSL sales volumes were up by 14% to 558,781 MT in the nine month period ended December 31, 2017 over corresponding period last year (CPLY). On account of higher sales volumes, total net revenue for Q3FY18 grew by 43%, up to Rs 2,989 from Rs 2,093 (CPLY). Segments contributing to growth in income were automotive, railways and construction. During the quarter, JSL reported a PAT at Rs 135 crore, registering an increase of 233% over CPLY due to improvement in volumes, product mix and operational efficiencies. The net worth of the company as on December 31, 2017 stood at Rs 2,191 crore. Vice-Chairman JSL, Abhyuday Jindal said, In this financial year, during the nine month period, our operational performance has touched a new high. JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production. Subsidiaries of JSL, PT Jindal Stainless, Indonesia and Iber Jindal, Spain, also saw net revenue increase by 27% and 61% respectively in Q3FY18 (CPLY). JSL is now ready to deliver wider range of products, including hot rolled chequered sheets, which finds application in oil & gas and food processing industry. Stainless steel is expected to witness robust demand in coming quarters from automobile, railways, including metro projects and construction segment. Jindal Stainless will continue its pan-india market development initiatives to enhance stainless steel demand through digital and direct marketing programs. In order to ensure that the end consumers of stainless steel are getting quality products, JSL has initiated several training and development programs. Initiatives like fabricator training program, awareness road shows and plumbing workshops continue to reach out to a wide cross-section of audiences. Going forward, our wide network of service centres will enhance cutting and slitting lines for just-in-time fulfilment of customer orders. Date 15 February,

26 Jindal Stainless posts over 3-fold jump in Q3 net Domestic stainless steel producer, Jindal Stainless Limited (JSL), reported a net profit of Rs 135 crore, registering an more than three-fold jump over a net profit Rs 40 crore in Q3FY17, driven by higher volumes and a better product mix. Net revenue for Q3FY18 grew by 43 per cent, up to Rs 2,989 from Rs 2,093 in same period last year led by improved sales. JSL said it posted its highest ever melt production at 223,704 tonne for the quarter ended December 31, JSL sales volumes were up by 14 per cent to 558,781 tonne in the nine month period ended December 31, 2017 over corresponding period last year. In particular, segments like automotive, railways and construction contributed to the growth in its income. JSL vice-chairman Abhyuday Jindal said: In this financial year, during the nine month period, our operational performance has touched a new high. JSL has consecutively generated better top-line growth throughout the current financial year. We remain upbeat on high prospects of stainless steel demand in India arising from robust economic growth. We are already moving in the direction of import substitution though indigenous production.