JSW Steel Ltd reports consolidated net profit of Rs. 5900 crores in Q1FY22

JSW STEEL LTD. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.29100 crores during the period ended June 30, 2021 as compared to Rs.27095 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.5900 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.4191 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.24.42 for the period ended June 30, 2021 as compared to Rs.17.37 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 29100 crs	₹ 27095 crs	7.4%
Net Profit	₹ 5900 crs	₹ 4191 crs	40.78%
EPS	₹ 24.42	₹ 17.37	40.59%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.29100 crores during the period ended June 30, 2021 as compared to Rs.11914 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.5900 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(582) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.24.42 for the period ended June 30, 2021 as compared to Rs.(2.34) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 29100 crs	₹ 11914 crs	144.25%
Net Profit	₹ 5900 crs	₹ (582) crs	1113.75%
EPS	₹ 24.42	₹ (2.34)	1143.59%

Shares of JSW STEEL LTD. was last trading in BSE at Rs. 717.4 as compared to the previous close of Rs. 716.7. The total number of shares traded during the day was 501915 in over 12392 trades.

The stock hit an intraday high of Rs. 727.35 and intraday low of 712.05. The net turnover during the day was Rs. 361055706.

Source : Equity Bulls

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