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Jindal Steel & Power Ltd Q1FY25; 21% fall in Profits

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.

Financial Results:

Jindal Steel & Power Ltd reported Revenues for Q1FY25 of ₹13,618.00 Crores up from ₹12,588.00 Crore year on year, a rise of 8.18%.

Total Expenses for Q1FY25 of ₹11,794.00 Crores up from ₹10,877.00 Crores year on year, a rise of 8.43%.

Consolidated Net Profit of ₹1,338.00 Crores down 20.92% from ₹1,692.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.14, down 20.56% from ₹16.54 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: Metals
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