JSW Steel reports Profit after tax of Rs 40180.00 Mln, in the March 2021 quarter
Date: 21-05-2021
The turnover is pegged at Rs. 243980.00 millions for the March 2021 quarter. The mentioned figure indicates a rise of about 59.70% as against Rs. 152770.00 millions during the year-ago period.Net Profit for the quarter ended March 2021 zoomed to 1560.33% from Rs. 2420.00 millions to Rs. 40180.00 millions.The company reported a good operating profit of 82160.00 millions compared to 33660.00 millions of corresponding previous quarter.
| | Quarter ended | Year to Date | Year ended |
| | 202103 | 202003 | % Var | 202103 | 202003 | % Var | 202003 | 201903 | % Var |
| Sales | 243980.00 | 152770.00 | 59.70 | 707270.00 | 642620.00 | 10.06 | 642620.00 | 771870.00 | -16.75 |
| Other Income | 1950.00 | 1460.00 | 33.56 | 6690.00 | 6280.00 | 6.53 | 6280.00 | 4050.00 | 55.06 |
| PBIDT | 82160.00 | 33660.00 | 144.09 | 199280.00 | 131430.00 | 51.62 | 131450.00 | 189170.00 | -30.51 |
| Interest | 8680.00 | 9540.00 | -9.01 | 35650.00 | 40220.00 | -11.36 | 40220.00 | 37890.00 | 6.15 |
| PBDT | 69620.00 | 11030.00 | 531.19 | 159770.00 | 78120.00 | 104.52 | 78140.00 | 151280.00 | -48.35 |
| Depreciation | 10110.00 | 9290.00 | 8.83 | 37810.00 | 35220.00 | 7.35 | 35220.00 | 34210.00 | 2.95 |
| PBT | 59510.00 | 1740.00 | 3320.11 | 121960.00 | 42900.00 | 184.29 | 42920.00 | 117070.00 | -63.34 |
| TAX | 19330.00 | -680.00 | -2942.65 | 38030.00 | -9990.00 | -480.68 | -9990.00 | 35860.00 | -127.86 |
| Deferred Tax | 8130.00 | -3140.00 | -358.92 | 16410.00 | -17880.00 | -191.78 | -17880.00 | 12300.00 | -245.37 |
| PAT | 40180.00 | 2420.00 | 1560.33 | 83930.00 | 52890.00 | 58.69 | 52910.00 | 81210.00 | -34.85 |
| Equity | 2410.00 | 2400.00 | 0.42 | 2410.00 | 2400.00 | 0.42 | 2400.00 | 2400.00 | 0.00 |
| PBIDTM(%) | 33.67 | 22.03 | 52.84 | 28.18 | 20.45 | 37.76 | 20.46 | 24.51 | -16.54 |