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Jindal Steel & Power reports 21% fall in Q1 consolidated net profit

25 Jul 2024 Evaluate

Jindal Steel & Power has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 4.07% rise in its net profit at Rs 1456.54 crore for the quarter ended June 30, 2024 as compared to Rs 1399.52 crore for the same quarter in the previous year. Total income of the company increased by 4.39% at Rs 12865.35 crore for Q1FY25 as compared to Rs 12324.57 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 20.92% fall in net profit at Rs 1337.92 crore for Q1FY25 as compared to Rs 1691.80 crore for the same quarter in the previous year. However, total income of the company increased by 7.98% at Rs 13652.33 crore for Q1FY25 as compared to Rs 12,643.63 crore for the corresponding quarter previous year.

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