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Jindal Saw reports over 3- fold jump in Q3 consolidated net profit

16 Jan 2024 Evaluate

Jindal Saw has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 70.35% rise in net profit at Rs 452.33 crore for the quarter ended December 31, 2023 as compared to Rs 265.53 crore for the same quarter in the previous year. Total income of the company increased by 3.12% at Rs 4785.65 crore for Q3FY24 as compared Rs 4640.85 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported over 3- fold jump in its net profit at Rs 511.68 crore for Q3FY24 as compared to Rs 143.23 crore for the same quarter in the previous year. Total income of the company increased by 9.51% at Rs 5696.76 crore for Q3FY24 as compared Rs 5202.18 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
JSW Steel 1268.00
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