JSW Steel reports Profit after tax of Rs 34240.00 Mln, in the December 2021 quarter
Date: 21-01-2022
A decent increase of about 49.96% in the sales to Rs. 288500.00 millions was observed for the quarter ended December 2021. The sales figure stood at Rs. 192390.00 millions during the year-ago period.Modest increase of 21.03% in the Net Profit was reported from. 28290.00 millions to Rs. 34240.00 millions.Operating profit for the quarter ended December 2021 rose to 71910.00 millions as compared to 58020.00 millions of corresponding quarter ended December 2020.
| | Quarter ended | Year to Date | Year ended |
| | 202112 | 202012 | % Var | 202112 | 202012 | % Var | 202103 | 202003 | % Var |
| Sales | 288500.00 | 192390.00 | 49.96 | 828090.00 | 463290.00 | 78.74 | 707270.00 | 642620.00 | 10.06 |
| Other Income | 3940.00 | 1690.00 | 133.14 | 15130.00 | 4740.00 | 219.20 | 6690.00 | 6280.00 | 6.53 |
| PBIDT | 71910.00 | 58020.00 | 23.94 | 264740.00 | 117120.00 | 126.04 | 199280.00 | 131450.00 | 51.60 |
| Interest | 8870.00 | 8790.00 | 0.91 | 25320.00 | 26970.00 | -6.12 | 35650.00 | 40220.00 | -11.36 |
| PBDT | 63040.00 | 49230.00 | 28.05 | 239420.00 | 90150.00 | 165.58 | 159770.00 | 78140.00 | 104.47 |
| Depreciation | 12370.00 | 9790.00 | 26.35 | 32860.00 | 27700.00 | 18.63 | 37810.00 | 35220.00 | 7.35 |
| PBT | 50670.00 | 39440.00 | 28.47 | 206560.00 | 62450.00 | 230.76 | 121960.00 | 42920.00 | 184.16 |
| TAX | 16430.00 | 11150.00 | 47.35 | 65910.00 | 18700.00 | 252.46 | 38030.00 | -9990.00 | -480.68 |
| Deferred Tax | 9390.00 | 4730.00 | 98.52 | 31630.00 | 8280.00 | 282.00 | 16410.00 | -17880.00 | -191.78 |
| PAT | 34240.00 | 28290.00 | 21.03 | 140650.00 | 43750.00 | 221.49 | 83930.00 | 52910.00 | 58.63 |
| Equity | 2400.00 | 2410.00 | -0.41 | 2410.00 | 2410.00 | 0.00 | 2410.00 | 2400.00 | 0.42 |
| PBIDTM(%) | 24.93 | 30.16 | -17.35 | 31.97 | 25.28 | 26.46 | 28.18 | 20.46 | 37.74 |