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JSW Ispat Special Products reports 82% fall in Q4 consolidated net profit

18 May 2023 Evaluate

JSW Ispat Special Products has reported results for fourth quarter (Q4) and year ended March 31, 2023

The company has reported 96.89% fall in its net profit at Rs 0.34 crore for the quarter under review as compared to Rs 10.92 crore for the same quarter in the previous year. Total income of the company marginally decreased by 2.34% at Rs 1663.37 crore for Q4FY23 as compared to Rs 1703.26 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 82.37% fall in its net profit at Rs 0.58 crore for fourth quarter ended March 31, 2023 as compared to Rs 3.29 crore for the same quarter in the previous year. Total income of the company marginally decreased by 1.95% at Rs 1663.64 crore for Q4FY23 as compared to Rs 1696.80 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported net loss at Rs 397.07 crore as compared to net profit of Rs 9.18 crore for the previous year. Total income of the company decreased by 14.39% at Rs 5214.20 crore for year under review as compared to Rs 6090.78 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported net loss at Rs 397.76 crore as compared to net profit of Rs 1.49 crore for the previous year. Total income of the company decreased by 14.31% at Rs 5213.60 crore for year under review as compared to Rs 6084.32 crore for year ended March 31, 2022.

JSW Ispat Special Share Price

38.97 0.00 (0.00%)
09-Aug-2023 18:01 View Price Chart
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