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Jindal Stainless consolidated net profit rises 154.34% in the March 2022 quarter

Capital Market

Sales rise 67.71% to Rs 6563.51 crore

Net profit of Jindal Stainless rose 154.34% to Rs 735.53 crore in the quarter ended March 2022 as against Rs 289.19 crore during the previous quarter ended March 2021. Sales rose 67.71% to Rs 6563.51 crore in the quarter ended March 2022 as against Rs 3913.64 crore during the previous quarter ended March 2021.

For the full year,net profit rose 348.74% to Rs 1881.26 crore in the year ended March 2022 as against Rs 419.23 crore during the previous year ended March 2021. Sales rose 74.13% to Rs 21223.40 crore in the year ended March 2022 as against Rs 12188.46 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales6563.513913.64 68 21223.4012188.46 74 OPM %12.8213.85 -14.0711.68 - PBDT810.31476.88 70 2813.32990.22 184 PBT718.76380.25 89 2442.12587.26 316 NP735.53289.19 154 1881.26419.23 349

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First Published: May 02 2022 | 4:33 PM IST

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