Jindal Steel Q2 net profit up 2.5%
Agencies: New Delhi, Nov 09 2012, 16:11 IST
kWh. Moreover, its subsidiary Jindal Power achieved a profit after tax of Rs 260.25 crore and a turnover of Rs 565.06 crore during the second quarter of FY13, JSPL said. The firm is also commissioning the fourth unit of its power plant in Odisha's Angul district, having a capacity of 135 MW, today.
Meanwhile, in an another filing to the BSE, the company said that it has appointed Sudershan Kumar Garg as an independent director and Dinesh Kumar Saraogi as a whole time director on its board.
Besides, two existing whole time directors of the company, Vikrant Gujral and M L Gupta have resigned with immediate effect, it added.
Shares of the company were trading at Rs 385.40 apiece on the BSE at 1345 hours, up 0.67 per cent from the previous close.
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