Jindal Stainless Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 91,274.5 million compared to INR 90,625 million a year ago. Revenue was INR 91,664.2 million compared to INR 91,012.4 million a year ago. Net income was INR 6,923.3 million compared to INR 4,975.1 million a year ago. Basic earnings per share from continuing operations was INR 8.41 compared to INR 6.04 a year ago. Diluted earnings per share from continuing operations was INR 8.41 compared to INR 6.04 a year ago.
For the nine months, sales was INR 291,084.5 million compared to INR 259,319.5 million a year ago. Revenue was INR 292,225.9 million compared to INR 260,203.1 million a year ago. Net income was INR 22,124.7 million compared to INR 13,487.1 million a year ago. Basic earnings per share from continuing operations was INR 26.87 compared to INR 16.38 a year ago. Diluted earnings per share from continuing operations was INR 26.87 compared to INR 16.38 a year ago.