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Jindal Saw reports consolidated net profit of Rs 152 crore in Q1

31 Jul 2021 Evaluate

Jindal Saw has reported results for first quarter ended June 30, 2021.

The company has reported above 14-fold jump in its net profit at Rs 148.30 crore for the quarter under review as compared to net profit of Rs 10.03 crore for the same quarter in the previous year. Total income of the company increased by 76.04% at Rs 2474.35 crore for Q1FY22 as compared Rs 1405.55 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributed to the owners at Rs 152.10 crore for the quarter under review as compared to net loss of Rs 9.24 crore for the same quarter in the previous year. Total income of the company increased by 73.74% at Rs 2922.42 crore for Q1FY22 as compared Rs 1682.03 crore for the corresponding quarter previous year.

Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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