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Ramaswamy ceases to be CFO of the company from 31 January 2024. Sunil Kumar Agrawal will be assuming the responsibilities of CFO, for the time-being, stated the steel maker.
Presently, Agrawal is head of group accounts for the company, leading the accounting function and driving various key projects and initiatives as a member of the finance team. He is a chartered accountant, having experience of close to 31 years in the corporate finance function.
Jindal Steel & Power is a leading Indian infrastructure conglomerate with a presence in the steel, power, and mining sectors.
JSPL’s consolidated net profit surged to Rs 1,387.82 crore in Q2 FY24 from Rs 219 crore in Q2 FY23. However, revenue from operations fell 9.4% to Rs 12,250.16 crore in the quarter ended 30 September 2023.
The scrip rose 1.45% to close at Rs 729.85 on the BSE.
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