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Jindal Stainless - Quaterly Results

15 May 2024 Evaluate
The Total revenue for the quarter ended March 2024 of  Rs. 95207.40 millions remain, more or less, the same.A slender decline of -27.73% was recorded to Rs. 4763.60  millions from Rs. 6591.50 millions in the corresponding previous quarter.Operating profit for the quarter ended March 2024 decreased to 8884.20 millions as compared to 11292.90 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 95207.40 94443.10 0.81 383560.00 350303.50 9.49 383560.00 350303.50 9.49
Other Income 611.30 322.90 89.32 3693.40 1062.50 247.61 3693.40 1062.50 247.61
PBIDT 8884.20 11292.90 -21.33 44050.50 36731.80 19.92 44050.50 36731.80 19.92
Interest 1033.10 745.80 38.52 3933.60 2951.20 33.29 3933.60 2951.20 33.29
PBDT 8163.50 10547.10 -22.60 40429.30 33780.60 19.68 40429.30 33780.60 19.68
Depreciation 1808.40 1687.20 7.18 7151.80 6745.40 6.02 7151.80 6745.40 6.02
PBT 6355.10 8859.90 -28.27 33277.50 27035.20 23.09 33277.50 27035.20 23.09
TAX 1591.50 2268.40 -29.84 7970.60 6895.20 15.60 7970.60 6895.20 15.60
Deferred Tax 79.10 44.20 78.96 262.00 233.20 12.35 262.00 233.20 12.35
PAT 4763.60 6591.50 -27.73 25306.90 20140.00 25.65 25306.90 20140.00 25.65
Equity 1646.90 1646.90 0.00 1646.90 1646.90 0.00 1646.90 1646.90 0.00
PBIDTM(%) 9.33 11.96 -21.96 11.48 10.49 9.53 11.48 10.49 9.53
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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