Jindal Stainless net at Rs 50.6 cr

New Delhi, Jan 21 (UNI) Jindal Stainless Ltd today posted a 55.24 per cent decline in net profit at Rs 50.6 crores for the quarter ended December 31, 2007 as compared to Rs 113.05 crore in the corresponding period last year.

Its total income has decreased from Rs 1,451.38 crore for the quarter ended December 31, 2006 to Rs 1,366.3 crore for the quarter ended December 31, 2007, thereby registering a 5.86 per cent fall, a statement said.

UNI PDT PBB BD1525