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JSPL reports 27% fall in Q3 consolidated net profit

09 Feb 2022 Evaluate

Jindal Steel and Power (JSPL) has reported results for third quarter ended December 31, 2021

The company has reported a fall of 23% in its net profit at Rs 1713.64 crore for the quarter under review as compared to Rs 2225.60 crore for the same quarter in the previous year. However, total income of the company increased by 37.06% at Rs 11978.54 crore for Q3FY22 as compared Rs 8739.37 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 27.30% in its net profit at Rs 1866.08 crore for the quarter under review as compared to Rs 2566.68 crore for the same quarter in the previous year. However, total income of the company increased by 29.98% at Rs 12535.35 crore for Q3FY22 as compared Rs 9643.88 crore for the corresponding quarter previous year.

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