INSUBCONTINENT EXCLUSIVE:
Kolkata: Jindal Stainless Ltd
sheet, and sustained operational progress
capacity utilization of 99.86% as against 90.95% in similar period previous year.
This resulted in improved total operating income and
profit before interest, leasing, depreciation and tax (PBILDT), which increased to Rs 3,183 crore and Rs 399 crore respectively in Q4FY18,
representing a growth of 37% and 22% respectively over the previous corresponding period
During the full year FY18, the company reported healthy growth in income and profitability with total operating income of Rs 10,803 crore
and PBILDT of Rs 1,299 crore, representing a growth of around 30% and 18% respectively over FY 17
The Company reported healthy gross cash accruals of Rs 787 crore during FY 18 which was significantly higher than Rs 397 crore reported in
This development endorses that we are now more than financially and operationally stable, and poised to take our product mix and growth
mill, and downstream value added facilities.
