Jindal Steel & Power Limited has posted net profit of INR 390.33 crore for January to March 2008 quarter up by 92.5% YoY as compared with INR 202.77 crore in January to March 2007 quarter. Total income has increased to INR 1,547.79 crore from INR 1,074.05 crore.
For the year ended March 31st 2008, JSPL recorded a net profit of INR 1,236.96 crore up by 75.9% YoY as compared with INR 702.99 crore during the previous year. Total income has increased to INR 5,459.87 crore from INR 3,548.78 crore.
In the January to March 2008 quarter, JSPL made 457,000 tonnes of steel products up by 65% YoY. For the year ended March 31st 2008, production rose to 1.4 million tonnes from 800,000 in 2006-07.