JSW Steel Ltd reports QoQ drop in Q3FY22 PAT to Rs. 4357 crores

JSW Steel Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 38225 crores during the period ended December 31, 2021 as compared to Rs. 33449 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 4357 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 7170 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 18.02 for the period ended December 31, 2021 as compared to Rs. 29.67 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 38225 crs	₹33449 crs	14.28%
Net Profit	₹4357 crs	₹7170 crs	-39.23%
EPS	₹18.02	₹29.67	-39.27%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 38225 crores during the period ended December 31, 2021 as compared to Rs.22006 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.4357 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.2681 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.18.02 for the period ended December 31, 2021 as compared to Rs.11.09 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 38225 crs	₹22006 crs	73.70%
Net Profit	₹4357 crs	₹2681 crs	62.51%
EPS	₹18.02	₹11.09	62.49%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.100774 crores during the 9 Months period ended December 31, 2021 as compared to Rs.53336 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.17431 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.3713 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.72.11 for the 9 Months period ended December 31, 2021 as compared to Rs.15.36 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹100774 crs	₹53336 crs	88.94%
Net Profit	₹17431 crs	₹3713 crs	369.46%
EPS	₹72.11	₹15.36	369.47%

Shares of JSW Steel Limited was last trading in BSE at Rs. 682.45 as compared to the previous close of Rs. 674.60. The total number of shares traded during the day was 74524 in over 2224 trades.

The stock hit an intraday high of Rs. 685.70 and intraday low of 672.45. The net turnover during the day was Rs. 50660223.00.

Source : Equity Bulls

Keywords

JSWSteel Q3FY22 9MFY22 ResultUpdate