Jindal Stainless Q1FY24 Results: Consolidated PAT of Rs. 745.81 Cr

Jindal Stainless Q1FY24 Results: Consolidated PAT of Rs. 745.81 Cr

Jindal Stainless Q1 results show revenue up from 9803.01 crores to 10227.20 crores, a 4.33% increase in growth. EPS down from ₹9.30 to ₹9.06, down by -2.58%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Jindal Stainless shared its Q1 results on Wednesday. They earned 10227.20 crores in revenue this quarter, but that’s more than the 9803.01 crores they made last quarter. Unfortunately, the company’s growth increased by 4.33 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 745.81 crores, down from 765.79 crores in the previous quarter. Their quarter-to-quarter growth decreased by -2.61 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹9.06, which is an increase/decrease of -2.58% from the ₹9.30 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 10227.20 crores this year (2023), which is 25.60 percent higher than last year’s total revenue of 8142.45 crores.

This year’s PAT (Profit After Tax) is 745.81 crores, which is also 49.74% higher than last year’s PAT of 498.06 crores.

The EPS (Earnings Per Share) for this year is ₹9.06, which is 49.75% more than the EPS of ₹6.05 earned last year.

Also Read: Aditya Birla Sun Life AMC Q1FY24 Results: Consolidated PAT of Rs. 184.57 Cr

Jindal Stainless Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Jindal Stainless:

Jindal Stainless Limited is a leading manufacturer of stainless steel products. Their diverse range includes stainless steel slabs, HR coils, CR coils, and plates of various grades. Additionally, the company operates ferro chrome mining, power plants, and ferro alloy facilities. The company markets its high-quality stainless steel products globally, catering to customers around the world.

Download the Full PDF of Jindal Stainless Q1 Results: Click Here

For more of the Latest News, Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *