Jindal Steel has announced its fourth quarter and FY07 results. It has reported Q4 net profit of Rs 203 crore (Rs 2.03 billion) as against Rs 151 crore (Rs 1.51 billion) in corresponding quarter of previous year and other income of Rs 20 crore (Rs 200 million) versus Rs 7 crore (Rs 70 million).
The company's FY07 net profit stood at Rs 703 crore (Rs 7.03 billion) versus Rs 572 crore (Rs 5.72 billion) and net sales at Rs 3,520 crore (Rs 35.2 billion) as against Rs 2,590 crore (Rs 25.9 billion).
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