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Jindal Stainless - Quaterly Results

19 Oct 2023 Evaluate
The company witnessed a 13.60% growth in the revenue at Rs. 97203.50 millions for the quarter ended September 2023 as compared to Rs. 85563.40 millions during the year-ago period.The Profit  for the quarter ended September 2023 of  Rs. 6094.00  millions  grew by 74.49% from Rs. 3492.40 millions.Operating profit for the quarter ended September 2023 rose to 11036.60 millions as compared to 7198.70 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 97203.50 85563.40 13.60 197476.90 165847.30 19.07 350303.50 322917.70 8.48
Other Income 338.60 251.00 34.90 781.70 442.30 76.74 1062.50 636.60 66.90
PBIDT 11036.60 7198.70 53.31 22657.90 15668.50 44.61 36731.80 47832.30 -23.21
Interest 1040.30 813.00 27.96 1966.40 1530.10 28.51 2951.20 3121.30 -5.45
PBDT 9996.30 6385.70 56.54 20691.50 14138.40 46.35 33780.60 44711.00 -24.45
Depreciation 1776.20 1699.50 4.51 3518.50 3366.40 4.52 6745.40 7036.80 -4.14
PBT 8220.10 4686.20 75.41 17173.00 10772.00 59.42 27035.20 37674.20 -28.24
TAX 2126.10 1193.80 78.10 4422.40 2743.60 61.19 6895.20 9774.50 -29.46
Deferred Tax 116.70 48.70 139.63 251.90 112.00 124.91 233.20 2683.00 -91.31
PAT 6094.00 3492.40 74.49 12750.60 8028.40 58.82 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(%) 11.35 8.41 34.95 11.47 9.45 21.45 10.49 14.81 -29.21
Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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