Jindal Stainless has reported results for fourth quarter and year ended March 31, 2022.
The company has reported around 3-fold jump in its net profit at Rs 668.58 crore for the quarter under review as compared to Rs 264.94 crore for the same quarter in the previous year. Total income of the company increased by 64.96% at Rs 6,304.39 crore for Q4FY22 as compared Rs 3,821.67 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 749.88 crore for the quarter under review as compared to Rs 292.61 crore for the same quarter in the previous year. Total income of the company increased by 67.66% at Rs 6,582.84 crore for Q4FY22 as compared Rs 3,926.30 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported around 4-fold jump in its net profit at Rs 1,674.45 crore as compared to Rs 427.92 crore for the previous year. Total income of the company increased by 73.75% at Rs 20,365.65 crore for year under review as compared to Rs 11,721.44 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported around 5-fold jump in its net profit at Rs 1,909.12 crore as compared to Rs 419.46 crore for the previous year. Total income of the company increased by 74% at Rs 21,279.22 crore for year under review as compared to Rs 12,229.36 crore for year ended March 31, 2021.
