JSPL announces Q3 result
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Thursday, 19 Jan 2012
Jindal Steel & Power Ltd announced a 6.55% rise in consolidated net profit at INR 996.68 crore for the third quarter ended December 31st 2011.
JSPL had recorded net profit of INR 935.43 crore in the same period last fiscal. Total income rose to INR 4,400.26 crore during the Q3 of the current fiscal, up 38.25% from INR 3,182.70 crore in the year ago period.
JSPL has shown increase in production of all its major products. Details of growth in production for the quarter ended December 31st 2011 with the corresponding quarter in the previous financial year are as under:
| Q3 '11 | Q3 '10 | Change | |
| Metallics | 770,958 | 770,162 | - % |
| Steel Products | 756,662 | 581,567 | 30 % |
| Pallets | 938,280 | 801,865 | 17 % |
| Power (million kWh) | 1,182 | 916 | 29 % |
