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JSW Holdings reports 16% rise in Q4 consolidated net profit

25 May 2021 Evaluate

JSW Holdings has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 6.04% rise in its net profit at Rs 10.18 crore for the quarter under review as compared to Rs 9.60 crore for the same quarter in the previous year. Total income of the company increased by 27.05% at Rs 15.03 crore for Q4FY21 as compared Rs 11.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 15.59% rise in its net profit at Rs 11.12 crore for the quarter under review as compared to Rs 9.62 crore for the same quarter in the previous year. Total income of the company increased by 27.05% at Rs 15.03 crore for Q4FY21 as compared Rs 11.83 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 36.85% fall in its net profit at Rs 65.71 crore as compared to Rs 104.06 crore for the previous year. Total income of the company decreased by 23.30% at Rs 92.81 crore for year under review as compared to Rs 121.01 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported 29.33% fall in its net profit attributable to equityholders  at Rs 75.22 crore as compared to Rs 106.44 crore for the previous year. Total income of the company decreased by 23.30% at Rs 92.81 crore for year under review as compared to Rs 121.01 crore for year ended March 31, 2020.

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