Jindal Stainless Ltd (JSL), India’s largest stainless steel manufacturer, reported an 18% increase in consolidated net profit to Rs. 590 crore for the March quarter of FY25, aided by one-time gains from a dividend payout and a strategic divestment. Despite this quarterly uptick, the company’s full-year net profit declined 7.2% to Rs. 2,500 crore. Revenue for Q4 rose 8% year-over-year, while export demand showed signs of revival.