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Jindal Stainless Ltd Q4FY24; 30% fall in Profits

Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc.

Financial Results:

Jindal Stainless Ltd reported Revenues for Q4FY24 of ₹9,454.00 Crores down from ₹9,765.00 Crore year on year, a fall of 3.18%.

Total Expenses for Q4FY24 of ₹8,805.00 Crores down from ₹8,885.00 Crores year on year, a fall of 0.9%.

Consolidated Net Profit of ₹501.00 Crores down 30.03% from ₹716.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.08, down 34.62% from ₹9.30 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Steel
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