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Jindal Stainless reports consolidated net profit of Rs 289.19 crore in the March 2021 quarter

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Capital Market

Sales rise 26.49% to Rs 3913.64 crore

Net profit of Jindal Stainless reported to Rs 289.19 crore in the quarter ended March 2021 as against net loss of Rs 64.96 crore during the previous quarter ended March 2020. Sales rose 26.49% to Rs 3913.64 crore in the quarter ended March 2021 as against Rs 3094.11 crore during the previous quarter ended March 2020.

For the full year,net profit rose 487.82% to Rs 419.23 crore in the year ended March 2021 as against Rs 71.32 crore during the previous year ended March 2020. Sales declined 5.89% to Rs 12188.46 crore in the year ended March 2021 as against Rs 12950.87 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales3913.643094.11 26 12188.4612950.87 -6 OPM %13.857.00 -11.688.74 - PBDT476.8881.93 482 990.22585.98 69 PBT380.25-21.65 LP 587.26160.82 265 NP289.19-64.96 LP 419.2371.32 488

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First Published: May 14 2021 | 2:45 PM IST

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