Jindal Steel & Power has reported results for fourth quarter and year ended March 31, 2021.
The company has reported 12-fold jump in its net profit at Rs 3425.98 crore for the quarter under review as compared to Rs 281.74 crore for the same quarter in the previous year. Total income of the company increased by 86.88% at Rs 11,083 crore for Q4FY21 as compared Rs 5,930.31 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported above 12-fold jump in its net profit of continuing attributed to the owners at Rs 1,968.24 crore for the quarter under review as compared to Rs 182.72 crore for the same quarter in the previous year. Total income of the company increased by 74.55% at Rs 11,903.59 crore for Q4FY21 as compared Rs 6,819.73 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported above 11-fold jump in its net profit at Rs 7,154.31 crore as compared to Rs 617.67 crore for the previous year. Total income of the company increased by 29.53% at Rs 33,973.94 crore for year under review as compared to Rs 26,228.25 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported net profit of continuing attributed to the owners at Rs 5,272.09 crore as compared to net loss of Rs 283.16 crore for the previous year. Total income of the company increased by 29.64% at Rs 39,527.55 crore for year under review as compared to Rs 30,490.80 crore for year ended March 31, 2020.
