JINDALSTEL Q2 Results: Revenue declined by 9.00% year-over-year (YoY) to Rs. 11213 crore, while net profit declined by 39.00% YoY to Rs. 860 crore.
Jindal Steel & Power Ltd is one of the India’s leading steel producers with significant presence in sectors like mining and power generation. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.
Revenue
Revenue for the current quarter (Sep 2024) is Rs. 11213 crore which is Rs. 13618 crore less than the revenue in the previous quarter (Jun 2024). However, it is lower than the revenue for the same quarter last year (Sep 2023) which was Rs. 12250 crore.
Net Profit
Net Profit for the current quarter (Sep 2024) is Rs. 860 crore, which is Rs. 1338 crore less than the net profit in the previous quarter (Jun 2024). However, compared to the same quarter last year, it is significantly lower than the net profit of Rs. 1390 crore for Sep 2023.
EPS
The EPS for the current quarter (Sep 2024) is 8, which is 13 less than the EPS for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is lower than EPS of 13 for Sep 2023.
Other Income
Other income for the current quarter (Sep 2024) is Rs. 35 crore, which is Rs. 34 crore more than the other income for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the other income of Rs. 26 crore for Sep 2023.