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Indian denim giants report mixed performance in Q3 FY24

Jindal Worldwide Ltd

One of the largest manufacturer and exporter of denim in India Jindal Worldwide Ltd emerged with a positive outcome, reporting a revenue increase to &#****;***.** crore from &#****;***.** crore in December ****. The company&#**;s profit before tax (PBT) rose to &#****;**.** crore from &#****;**.** crore, while net profit climbed to &#****;**.** crore from &#****;**.** crore. Earnings per share (EPS) also saw an uplift from &#****;*.** to &#****;*.**. However, the operating profit margin (OPM) saw a slight dip from **.** per cent to *.** per cent, with the net profit margin (NPM) improving from *.** per cent to *.** per cent.