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JSPL turns black in Q3 on consolidated basis

22 Jan 2021 Evaluate

Jindal Steel & Power (JSPL) has reported results for the third quarter ended December 31, 2020.

The company has reported over 22-fold jump in its net profit at Rs 2225.60 crore for the quarter under review as compared to net profit of Rs 96.93 crore for the same quarter in the previous year. Total income of the company increased by 31.61% at Rs 8739.37 crore for Q3FY21 as compared Rs 6640.26 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of continuing operation attributable to owner at Rs 2254.66 crore for the quarter under review as compared to net loss of Rs 263.06 crore for the same quarter in the previous year. Total income of the company increased by 44.81% at Rs 10898.70 crore for Q3FY21 as compared Rs 7526.28 crore for the corresponding quarter previous year.

Jindal Steel Share Price

1269.50 45.65 (3.73%)
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