Jindal Steel & Power net profit increased by 100% YoY

Share price of Jindal Steel & Power Limited jumped 4.11% ₹977.95 on Tuesday, after reporting a rise in revenue from operations by 15.3% QoQ but fell 1.5% YoY, while PAT grew by 100% YoY but declined by 51.6% QoQ. The Board of the company recommended a final dividend of ₹2 per equity share FY24.