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Jindal Steel & Power Ltd is one of the India's leading steel producers with significant presence in sectors like mining and power generation. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.
Jindal Steel has released the audio recording of its recent earnings call on its website. This critical resource, initially held for institutional investors and analysts, provided an in-depth overview of the company's latest financial results. The recording offers retail investors direct access to management's discussion on operational performance, business developments,...
Jindal Steel's FY24-25 Business Responsibility and Sustainability Report highlights key operational strides. The company commissioned India's largest 6 MTPA Hot Strip Mill, significantly boosting production capabilities. Paid-up capital stood at ₹102 crore, with turnover at ₹48,818 crore. Sustainability goals include net-zero carbon emissions by 2047 and achieving Zero Liquid Discharge...
Jindal Steel & Power plans to rename itself Jindal Steel Limited to align with its core business focus. The board approved amendments to the Employee Benefit Scheme 2022, subject to shareholder approval. No financial impact has been disclosed.
Jindal Steel & Power Limited reported record steel production of 8.12 million tonnes (mt) and sales of 7.97 mt for FY25, with Q4FY25 sales at 2.13 mt. Adjusted EBITDA saw a YoY decline of 6% to INR 9,570 Cr, though it remained stable at INR 2,482 Cr for Q4. A...
Jindal Steel & Power Limited, through its wholly owned subsidiary Jindal Steel Odisha Limited, has acquired 100% equity in Allied Strips Limited for a total cash consideration of ₹217.53 crore. This acquisition positions Allied Strips Limited as a subsidiary of Jindal Steel, expanding JSO's product portfolio and enhancing synergies by...