Jindal Stainless (Hisar) standalone net profit declines 31.76% in the March 2019 quarter

Sales rise 4.74% to Rs 2360.58 crore

Net profit of Jindal Stainless (Hisar) declined 31.76% to Rs 65.59 crore in the quarter ended March 2019 as against Rs 96.11 crore during the previous quarter ended March 2018. Sales rose 4.74% to Rs 2360.58 crore in the quarter ended March 2019 as against Rs 2253.74 crore during the previous quarter ended March 2018.

For the full year,net profit declined 33.88% to Rs 261.65 crore in the year ended March 2019 as against Rs 395.70 crore during the previous year ended March 2018. Sales declined 3.26% to Rs 8956.40 crore in the year ended March 2019 as against Rs 9258.67 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales2360.582253.74 5 8956.409258.67 -3 OPM %9.1912.70 -10.0412.31 - PBDT155.28221.41 -30 647.72856.24 -24 PBT83.87154.38 -46 371.94589.64 -37 NP65.5996.11 -32 261.65395.70 -34

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