Jindal Steel & Power Limited — Board Meeting, 30-01-2025: Outcome of Board Meeting

JSP has announced a board meeting to discuss the financial results for the quarter and half-year. In Q3FY25, consolidated gross revenue reached INR 13,707 Cr, with a reported profit after tax of INR 951 Cr, reflecting a 51% year-over-year decline. Adjusted EBITDA was INR 2,133 Cr, down 24% YoY. The company's consolidated net debt stood at INR 13,551 Cr, leading to a net debt to EBITDA ratio of 1.40x. The planned expansion projects are on track, with a total capex of INR 2,857 Cr for the quarter, primarily at Angul.