Jindal Steel Q3 Results: Profit halves to Rs 951 crore on weak steel prices

Jindal Steel Q3 Results: Jindal Steel and Power’s net profit fell by 51% in the December quarter due to weak steel prices and increased imports. The company’s net debt rose, and operating profit per tonne decreased significantly. Despite this, they're progressing on expansion projects, planning substantial capital expenditure, and projecting increased production capacity in the coming years.