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Earnings Outlook: Jindal Steel volume, sales seen down on yr amid low demand

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Earnings Outlook

Jindal Steel volume, sales seen down on yr amid low demand

This story was originally published at 07:40 IST on April 28, 2025  Back
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By Rajesh Gajra

Jindal Steel and Power Ltd. may be the only one among the top four steel companies in the country whose sales volume is likely to have declined on year in the March quarter, analysts say. They expect the other three large steel producers – JSW Steel Ltd., Tata Steel Ltd., and Steel Authority of India Ltd. – to report on-year increases in steel sales volume for the March quarter.

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