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JSW Steel reports Profit after tax of Rs 40180.00 Mln, in the March 2021 quarter

21 May 2021 Evaluate
The turnover is pegged at Rs. 243980.00 millions for the March 2021 quarter. The mentioned figure indicates a rise of about 59.70% as against Rs. 152770.00 millions during the year-ago period.Net Profit for the quarter ended March 2021 zoomed to 1560.33% from Rs. 2420.00 millions to Rs. 40180.00  millions.The company reported a good operating profit of 82160.00 millions compared to 33660.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202003 201903 % Var
Sales 243980.00 152770.00 59.70 707270.00 642620.00 10.06 642620.00 771870.00 -16.75
Other Income 1950.00 1460.00 33.56 6690.00 6280.00 6.53 6280.00 4050.00 55.06
PBIDT 82160.00 33660.00 144.09 199280.00 131430.00 51.62 131450.00 189170.00 -30.51
Interest 8680.00 9540.00 -9.01 35650.00 40220.00 -11.36 40220.00 37890.00 6.15
PBDT 69620.00 11030.00 531.19 159770.00 78120.00 104.52 78140.00 151280.00 -48.35
Depreciation 10110.00 9290.00 8.83 37810.00 35220.00 7.35 35220.00 34210.00 2.95
PBT 59510.00 1740.00 3320.11 121960.00 42900.00 184.29 42920.00 117070.00 -63.34
TAX 19330.00 -680.00 -2942.65 38030.00 -9990.00 -480.68 -9990.00 35860.00 -127.86
Deferred Tax 8130.00 -3140.00 -358.92 16410.00 -17880.00 -191.78 -17880.00 12300.00 -245.37
PAT 40180.00 2420.00 1560.33 83930.00 52890.00 58.69 52910.00 81210.00 -34.85
Equity 2410.00 2400.00 0.42 2410.00 2400.00 0.42 2400.00 2400.00 0.00
PBIDTM(%) 33.67 22.03 52.84 28.18 20.45 37.76 20.46 24.51 -16.54
Peers
Company Name CMP
JSW Steel 1245.30
Tata Steel 183.60
Steel Authority 175.25
Jindal Stainless 736.50
APL Apollo Tubes 2143.30
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