Stock Report

JSW Steel Ltd reports consolidated Q3FY23 PAT of Rs. 490 crores



Posted On : 2023-01-20 18:25:08( TIMEZONE : IST )

JSW Steel Ltd reports consolidated Q3FY23 PAT of Rs. 490 crores

JSW Steel Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 39322 crores during the period ended December 31, 2022 as compared to Rs. 41966 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 490 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -848 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.03 for the period ended December 31, 2022 as compared to Rs. -3.53 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹39322 crs ₹41966 crs Up Tick / Down Tick-6.30%
Net Profit ₹490 crs ₹-848 crs Up Tick / Down Tick157.78%
EPS ₹2.03 ₹-3.53 Up Tick / Down Tick157.51%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.39322 crores during the period ended December 31, 2022 as compared to Rs.38225 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.490 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.4357 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.03 for the period ended December 31, 2022 as compared to Rs.18.02 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹39322 crs ₹38225 crs Up Tick / Down Tick2.87%
Net Profit ₹490 crs ₹4357 crs Up Tick / Down Tick-88.75%
EPS ₹2.03 ₹18.02 Up Tick / Down Tick-88.73%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.119563 crores during the 9 Months period ended December 31, 2022 as compared to Rs.100774 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.480 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.17431 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.98 for the 9 Months period ended December 31, 2022 as compared to Rs.72.11 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹119563 crs ₹100774 crs Up Tick / Down Tick18.64%
Net Profit ₹480 crs ₹17431 crs Up Tick / Down Tick-97.25%
EPS ₹1.98 ₹72.11 Up Tick / Down Tick-97.25%

Shares of JSW Steel Limited was last trading in BSE at Rs. 740.95 as compared to the previous close of Rs. 759.70. The total number of shares traded during the day was 44738 in over 1973 trades.

The stock hit an intraday high of Rs. 763.95 and intraday low of 738.80. The net turnover during the day was Rs. 33501881.00.

Source : Equity Bulls

Keywords

JSWSteel Q3FY23 9MFY23 ResultUpdate