India’s steel pipes and tubes and iron ore pellet producer Jindal SAW Limited has reported a consolidated net profit of INR 3.75 billion ($45.10 million) in the second quarter (July-September) of the fiscal year 2023-24, up 532.50 percent over the corresponding period of the previous fiscal year, according to a regulatory filing of the company on Monday, October 30.
The company reported net revenues of INR 54.46 billion ($653.79 million) during the second quarter, up 35.18 percent over the corresponding quarter of previous fiscal year.