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Jindal Stainless - Quaterly Results

26 Jul 2023 Evaluate
The revenue zoomed 24.90% to Rs. 100273.40 millions for the quarter ended June 2023 as compared to Rs. 80283.90 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended June 2023 rise to 46.75% to Rs. 6656.60  millions  compared to R. 4536.00 millions in corresponding previous quarter.The company reported a good operating profit of 11621.30 millions compared to 8469.80 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 100273.40 80283.90 24.90 100273.40 80283.90 24.90 350303.50 322917.70 8.48
Other Income 443.10 191.30 131.63 443.10 191.30 131.63 1062.50 636.60 66.90
PBIDT 11621.30 8469.80 37.21 11621.30 8469.80 37.21 36731.80 47832.30 -23.21
Interest 926.10 717.10 29.15 926.10 717.10 29.15 2951.20 3121.30 -5.45
PBDT 10695.20 7752.70 37.95 10695.20 7752.70 37.95 33780.60 44711.00 -24.45
Depreciation 1742.30 1666.90 4.52 1742.30 1666.90 4.52 6745.40 7036.80 -4.14
PBT 8952.90 6085.80 47.11 8952.90 6085.80 47.11 27035.20 37674.20 -28.24
TAX 2296.30 1549.80 48.17 2296.30 1549.80 48.17 6895.20 9774.50 -29.46
Deferred Tax 135.20 63.30 113.59 135.20 63.30 113.59 233.20 2683.00 -91.31
PAT 6656.60 4536.00 46.75 6656.60 4536.00 46.75 20140.00 27899.70 -27.81
Equity 1646.90 1051.00 56.70 1646.90 1051.00 56.70 1646.90 1051.00 56.70
PBIDTM(%) 11.59 10.55 9.86 11.59 10.55 9.86 10.49 14.81 -29.21
Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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