14,393.85 TRY BIST 100 BIST 100
48.49 USD USD USD
7.27 CNY CNY CNY
56.28 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.76 TRY Interest Interest
105.61 USD Fossil Oil Fossil Oil
6.59 USD Copper Copper
100.22 TRY Silver Silver
98.02 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
97.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

JTL Industries experienced net profit increase in Q2 FY23-24

JTL Industries Limited, India's leading steel pipe manufacturer, achieved a remarkable financial performance in the second quarter of financial year 2023-24 (July-September).

JTL Industries experienced net profit increase in Q2 FY23-24

The company reported a strong net profit of $335 million, representing a 33.5% increase compared to the same period in the previous year.

In the quarter, JTL Industries generated total revenue of $6 billion, reflecting remarkable year-on-year growth of 67.8%. This significant increase in revenues underscores the company's strong financial performance.

The company's sales in the July-September period increased to approximately 81,700 tons, indicating a significant increase of 56.8% on a year-on-year basis. This phenomenal increase in sales can be attributed to strong demand from both domestic and international markets.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

voestalpine’s Hy4Smelt plant to become operational in 2027

Friday, September 11, 2026

Jindal Stainless and JFE Steel collaborate on ferritic stainless steel

Friday, September 11, 2026

ArcelorMittal and China Oriental’s electric steel facility in China prepares for production

Friday, September 11, 2026

Daido Steel completes new high alloy steel line at Chita facility

Friday, September 11, 2026

Alan Lovell appointed Chairman of British Steel

Friday, September 11, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now