new jindal steel and power limited
TRANSCRIPT
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8/7/2019 new Jindal Steel and Power Limited
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Jindal Steel and Power Limited(JSPL) (BSE:532286) is the most valuable private steel producer in
India, with an annual turnover of over US $2.1 billion (Rs. 10,000 crore), Jindal Steel & Power Limited
(JSPL) forms a part of the US $12 billion (over Rs. 60,000 crore) Jindal Group. JSPL is a leading player
in Steel, Power, Mining, Oil & Gas and Infrastructure. Mr. Naveen Jindal, the youngest son of the late
Shri. O P Jindal, drives JSPL and its group companies Jindal Power Ltd, Jindal Petroleum Ltd., Jindal
Cement Ltd. and Jindal Steel Bolivia. The company professes a belief in the concept of self-sufficiency. The company produces steel and power through backward integration from its own
captive coal and iron-ore mines.
However, in terms of tonnage, it is the third largest steel producer in India. The company
manufactures and sells sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural,
hot rolled plates and coils and coal based sponge iron plant. The company is also involved inpower
generation
Future outlook
Jharkhand
An 11 million ton integrated steel plant and 2600 MW captive power plant in phases, with a total
investment of US $ 6.00 billion, (Rs. 30,000 crore).
Orissa
A 12.5 million ton integrated steel plant and 2600 MW captive power plant in phases, with a total
investment of US $ 8.00 billion (Rs. 40,000 crore). The first phase of 3 million ton is expected to be
commissioned by 2011.
Financial Information:Financial
Particulars Year ended
31.03.2010
Sales & other income 7,484.90
Profit before interest 2,612.13and depreciation
Profit before tax 1,907.50
Profit after tax 1,479.68
Appropriations:
Interim dividend -
Final dividend 116.52
Corporate tax on dividend 4.28
General reserve 150.00
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