Jindal Saw’s June-quarter revenue rose 9%, but profitability came under sharp pressure as margins nearly halved. The weak earnings extended a challenging trend after a subdued March quarter, with the stock declining in afternoon trade.
Jindal Saw’s June-quarter revenue rose 9%, but profitability came under sharp pressure as margins nearly halved. The weak earnings extended a challenging trend after a subdued March quarter, with the stock declining in afternoon trade.