Anurag Mantri Quits Jindal Stainless as CFO, Executive Director

Jindal Stainless on Friday announced that Anurag Mantri has resigned from the position of company’s Executive Director and Group CFO (Chief Financial Officer). He will cease to be the Executive Director and Group CFO with effect from April 4, 2025, JSL said in a regulatory filing.

It added that Mantri has tendered his resignation from the services to pursue new professional opportunities.

The company reported a consolidated annual turnover of Rs 38,562 crore in GY24. Currently, it is actively expanding its capacity and aiming to reach an annual melt capacity of 4.2 million tonnes by FY27. With 16 stainless steel manufacturing and processing facilities across India and overseas, Jindal Stainless continues to strengthen its global footprint.

In Q3 FY25, the company posted a 5.4% year-on-year decline in consolidated net profit at Rs 654.84 crore, compared to Rs 692.33 crore in the same quarter last year. However, revenue from operations grew by 8.5% YoY to Rs 9,907.30 crore for the quarter ended December 31, 2024. On the BSE, the stock slipped 0.31% to close at Rs 652.75.

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Who Is Anurag Mantri?

Mantri is a Business Finance and Strategy professional with over 25 years of experience across top organisations. After serving Jindal Stainless for over eight years, Mantri also worked as CFO of Schneider Electric Infrastrucure Limited for more than three years, as per his LinkedIn profile. His professional experience also include companies like ACME Group, Cairn Energy, SRF Limited, HCL Technologies, Larsen & Turbo, etc.

He has worked across diverse industries such as oil & gas, energy, IT, manufacturing, telecom, solar, and financial services. His leadership has been recognised with multiple awards for investor relations and treasury excellence.

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According to his profile, Anurag has scaled operations from $200 million to over $3 billion, delivering high governance standards and strong customer engagement. His expertise spans large IPOs, M&As, corporate finance, treasury, investor relations, FP&A, tax, and ERP deployments.

Notably, he has structured equity and debt deals exceeding $12 billion, including a $2 billion IPO for Cairn, and managed surplus funds of over $5 billion.