{"id":163020,"date":"2024-07-12T10:37:05","date_gmt":"2024-07-12T14:37:05","guid":{"rendered":"https:\/\/44.250.171.167\/?p=163020"},"modified":"2024-07-12T10:37:06","modified_gmt":"2024-07-12T14:37:06","slug":"jayaswal-neco-industries-ltd-q4fy24-61-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/jayaswal-neco-industries-ltd-q4fy24-61-fall-in-profits\/","title":{"rendered":"Jayaswal Neco Industries Ltd Q4FY24; 61% fall in Profits"},"content":{"rendered":"\n<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\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Jayaswal Neco Industries Ltd reported Revenues for Q4FY24 of \u20b91,411.43 Crores down from \u20b91,469.29 Crore year on year, a fall of 3.94%.<\/p>\n\n\n\n<p>Total Expenses for Q4FY24 of \u20b91,388.07 Crores down from \u20b91,459.86 Crores year on year, a fall of 4.92%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b92.03 Crores down 60.96% from \u20b95.20 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.02, down 60.00% from \u20b90.05 in the same quarter of the previous year.<\/p>\n\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\/2024\/07\/image-115-839x1024.png\" alt=\"\" class=\"wp-image-163021\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-115-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-115-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-115-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-115-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-115.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\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":1932,"featured_media":163021,"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":[2132],"class_list":["post-163020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-manufacturing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-115.png","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":163020,"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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