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Jindal Stainless - Quaterly Results

26 Jul 2023 Evaluate
The revenue for the June 2023 quarter is pegged at Rs. 100273.40 millions, about 24.90% up against Rs. 80283.90 millions recorded during the year-ago period.Good  Net Profit growth of 46.75% reported above the corresponding previous quarter figure of Rs. 4536.00 millions to Rs. 6656.60 millioins.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 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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