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IDBI Capital: Jindal Steel & Power - Strong Profitability, Deleveraging Continues

JSPL recorded its highest ever ebitda of Rs 27 billion in the September quarter even as consolidated debt fell by Rs 70 billion.

Sparks fly as employees cut a steel slab at Jindal Steel and Power plant in Raigarh, Chattisgarh. (Photographer: Udit Kulshrestha/Bloomberg)
Sparks fly as employees cut a steel slab at Jindal Steel and Power plant in Raigarh, Chattisgarh. (Photographer: Udit Kulshrestha/Bloomberg)
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