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Jindal Stainless - Quaterly Results

30 Jul 2024 Evaluate
The revenue declined to Rs. 95849.00 millions for the quarter ended June 2024 as compared to Rs. 100273.40 millions during the corresponding quarter last year.Net profit declined -13.12% to Rs. 5783.20 millions from Rs. 6656.60 millions.The Operating Profit of the company witnessed a decrease to 10645.80 millions from 11621.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 95849.00 100273.40 -4.41 95849.00 100273.40 -4.41 383560.00 350303.50 9.49
Other Income 601.80 443.10 35.82 601.80 443.10 35.82 3693.40 1062.50 247.61
PBIDT 10645.80 11621.30 -8.39 10645.80 11621.30 -8.39 44050.50 36731.80 19.92
Interest 968.30 926.10 4.56 968.30 926.10 4.56 3933.60 2951.20 33.29
PBDT 9677.50 10695.20 -9.52 9677.50 10695.20 -9.52 40429.30 33780.60 19.68
Depreciation 1794.90 1742.30 3.02 1794.90 1742.30 3.02 7151.80 6745.40 6.02
PBT 7882.60 8952.90 -11.95 7882.60 8952.90 -11.95 33277.50 27035.20 23.09
TAX 2099.40 2296.30 -8.57 2099.40 2296.30 -8.57 7970.60 6895.20 15.60
Deferred Tax -8.60 135.20 -106.36 -8.60 135.20 -106.36 262.00 233.20 12.35
PAT 5783.20 6656.60 -13.12 5783.20 6656.60 -13.12 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(%) 11.11 11.59 -4.17 11.11 11.59 -4.17 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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