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Earnings review: JSPL Q2

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  • Published On: October 19, 2011
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Jindal Steel and Power has reported marginal decline in consolidated net profit to Rs 891.80 crore for the second quarter, due to increased expenditure on raw materials, interest outgo and a one-time exceptional item. Sushil K Maroo, Deputy MD and Group CFO, JSPL, expects steel prices to be stable in the next two quarters.
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