{"id":153924,"date":"2023-08-15T03:57:41","date_gmt":"2023-08-15T07:57:41","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153924"},"modified":"2023-08-15T03:57:42","modified_gmt":"2023-08-15T07:57:42","slug":"jayaswal-neco-industries-ltd-q1fy24-22-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/jayaswal-neco-industries-ltd-q1fy24-22-rise-in-profits\/","title":{"rendered":"Jayaswal Neco Industries Ltd Q1FY24; 22% rise in Profits"},"content":{"rendered":"<p>Jayaswal Neco Industries Limited (JNIL) is the flagship company of NECO Group of Industries. Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron &amp; steel castings. The Company is engaged in the manufacturing and supply of billets, rolled products, pig iron &amp; skull, sponge iron, pellet, steel, and Iron &amp; steel castings.<\/p>\n<p><br \/>Financial Results:<\/p>\n<ul>\n<li>Jayaswal Neco Industries Ltd reported Revenues for Q1FY24 of \u20b91,465.00 Crores down from \u20b91,527.00 Crore year on year, a fall of 4.06%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b91,427.00 Crores down from \u20b91,497.00 Crores year on year, a fall of 4.68%.<\/li>\n<li>Consolidated Net Profit of \u20b928.00 Crores up 21.74% from \u20b923.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b90.28, up 16.67% from \u20b90.24 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1078-839x1024.png\" alt=\"\" class=\"wp-image-153925\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1078-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1078-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1078-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1078-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1078.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Jayaswal Neco Industries Limited (JNIL) is the flagship company of NECO Group of Industries. Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron &amp; steel castings. The Company is engaged in the manufacturing and supply of billets, rolled products, pig iron &amp; skull, [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[],"class_list":["post-153924","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156424,"url":"https:\/\/alphastreet.com\/india\/jayaswal-neco-industries-ltd-q2fy24-35-fall-in-profits\/","url_meta":{"origin":153924,"position":0},"title":"Jayaswal Neco Industries Ltd Q2FY24; 35% fall in Profits","author":"Hardik Bhandare","date":"November 20, 2023","format":false,"excerpt":"Jayaswal Neco Industries Limited (JNIL) is the flagship company of NECO Group of Industries. Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron & steel castings. 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Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron & steel castings. 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Financial Results: Rajnandini Metal Ltd reported Revenues for Q1FY24 of \u20b9265.86 Crores up from \u20b9260.86 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-251.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-251.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-251.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-251.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-251.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-251.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153924"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153924\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}