JSW Steel Ltd posts consolidated PAT of Rs. 7170 crores in Q2FY22

JSW Steel Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 33449 crores during the period ended September 30, 2021 as compared to Rs. 29100 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 7170 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 5904 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 29.67 for the period ended September 30, 2021 as compared to Rs. 24.42 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 33449 crs	₹29100 crs	14.95%
Net Profit	₹7170 crs	₹5904 crs	21.44%
EPS	₹29.67	₹24.42	21.50%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 33449 crores during the period ended September 30, 2021 as compared to Rs.19416 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.7170 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.1593 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.29.67 for the period ended September 30, 2021 as compared to Rs.6.59 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 33449 crs	₹19416 crs	72.28%
Net Profit	₹7170 crs	₹1593 crs	350.09%
EPS	₹29.67	₹6.59	350.23%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.62549 crores during the 6 Months period ended September 30, 2021 as compared to Rs.31330 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.13074 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.1032 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.54.09 for the 6 Months period ended September 30, 2021 as compared to Rs.4.27 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹62549 crs	₹31330 crs	99.65%
Net Profit	₹13074 crs	₹1032 crs	1,166.86%
EPS	₹54.09	₹4.27	1,166.74%

Shares of JSW Steel Limited was last trading in BSE at Rs. 673.45 as compared to the previous close of Rs. 685.35. The total number of shares traded during the day was 288536 in over 8776 trades.

The stock hit an intraday high of Rs. 695.85 and intraday low of 655.05. The net turnover during the day was Rs. 194364388.00.

Source : Equity Bulls

Keywords

JSWSteel Q2FY22 H1FY22 ResultUpdate