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Jindal Steel & Power profit rises in Q4 results, misses estimates
short by / on Monday, 13 May, 2024
Jindal Steel and Power Ltd.'s profit rose in the fourth quarter of fiscal 2024, but missed analysts' estimates. The steel manufacturer's net profit surged 100.5% year-on-year to ₹933 crore in the quarter-ended March 2024, according to an exchange filing issued on Monday. This compares with the ₹1,133-crore consensus estimate of analysts polled by Bloomberg.
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