JSL profit increases to Rs 5,682.37 crore in Dec quarter

09 Feb 2022 CW Team

On Monday Jindal Stainless Limited (JSL) said that their consolidated profit for the December quarter increased almost three times to Rs 441.78 crore.

In a filing to Bombay stock exchange (BSE), the steel company mentioned that in a period of one year, the company had recorded a profit of Rs 170.20 crore.

The company’s income in the third quarter increased from Rs 3,592.04 crore to Rs 5,682.37 crore in the year-ago period.

JSL has continued the registration of profitable growth via harnessing export markets as well as maintenance of total sales level on a yearly basis.

The statement further said that the company was agile and responsive to their customers’ needs with help of a sharp product mix that was accustomed to the demands.

JSL Managing Director, Abhyuday Jindal said that an intelligent product mix along with the agility to upgrade exports assisted JSL to maintain profitability irrespective of the stiff and unfair competition from Chinese and Indonesian imports.

He added that they are always looking for new application methods for stainless steel which keep them ahead of their competition and increase their share in domestic as well as export markets. A sharp focus on the financial prudence and solid operational fundamentals served them well, and they shall continue to strategise business in alignment with market dynamics," he added.

The board has given the approval to raise to Rs 3,500 crore via issuance of debt securities.

Image Source

Also read: 2,000-tonne stainless steel by JSL for Kanpur Metro Project

Infrastructure Transport

19 Dec 2025

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..

RVNL Wins Gandak River Rail Bridge Contract

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a major railway infrastructure project valued at Rs 1.65 billion. The contract relates to the construction of the substructure for a key railway bridge over the Gandak River. The bridge will be constructed between Paniyahwa and Valmikinagar stations as part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section. Designed to enhance capacity and operational efficiency, the structure will comprise 14 spans of 61 metres each and will be supported by double D-type well foundations. The des..