JSW Steel Ltd consolidated Q4FY23 net profit increases to Rs. 3664 crores

JSW Steel Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 47427 crores during the period ended March 31, 2023 as compared to Rs. 39322 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 3664 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 490 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 15.16 for the period ended March 31, 2023 as compared to Rs. 2.03 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹47427 crs	₹39322 crs	20.61%
Net Profit	₹3664 crs	₹490 crs	647.76%
EPS	₹15.16	₹2.03	646.80%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.47427 crores during the period ended March 31, 2023 as compared to Rs.47128 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.3664 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.3234 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.15.16 for the period ended March 31, 2023 as compared to Rs.13.38 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹47427 crs	₹47128 crs	0.63%
Net Profit	₹3664 crs	₹3234 crs	13.30%
EPS	₹15.16	₹13.38	13.30%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.166990 crores during the Financial Year ended March 31, 2023 as compared to Rs.147902 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.4144 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.20665 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.17.14 for the Financial Year ended March 31, 2023 as compared to Rs.85.49 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹166990 crs	₹147902 crs	12.91%
Net Profit	₹4144 crs	₹20665 crs	-79.95%
EPS	₹17.14	₹85.49	-79.95%

Shares of JSW Steel Limited was last trading in BSE at Rs. 691.75 as compared to the previous close of Rs. 695.50. The total number of shares traded during the day was 58666 in over 2759 trades.

The stock hit an intraday high of Rs. 709.25 and intraday low of 689.30. The net turnover during the day was Rs. 41050503.00.

Source : Equity Bulls

Keywords

JSWSteel Q4FY23 FY2023 ResultUpdate