JSW Steel Ltd consolidated Q3 FY24 PAT at Rs. 2415 crores

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

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 42134 crores during the period ended December 31, 2023 as compared to Rs. 44821 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2415 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 2760 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 9.88 for the period ended December 31, 2023 as compared to Rs. 11.33 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 42134 crs	₹44821 crs	-5.99%
Net Profit	₹2415 crs	₹2760 crs	-12.50%
EPS	₹9.88	₹11.33	-12.80%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 42134 crores during the period ended December 31, 2023 as compared to Rs.39322 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2415 crores for the period ended December 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.9.88 for the period ended December 31, 2023 as compared to Rs.2.03 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 42134 crs	₹39322 crs	7.15%
Net Profit	₹2415 crs	₹490 crs	392.86%
EPS	₹9.88	₹2.03	386.70%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.129499 crores during the 9 Months period ended December 31, 2023 as compared to Rs.119563 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.7513 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.480 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.30.88 for the 9 Months period ended December 31, 2023 as compared to Rs.1.98 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹129499 crs	₹119563 crs	8.31%
Net Profit	₹7513 crs	₹480 crs	1,465.21%
EPS	₹30.88	₹1.98	1,459.60%

Shares of JSW Steel Limited was last trading in BSE at Rs. 812.45 as compared to the previous close of Rs. 790.55. The total number of shares traded during the day was 76143 in over 4270 trades.

The stock hit an intraday high of Rs. 814.30 and intraday low of 784.05. The net turnover during the day was Rs. 60961811.00.

Source : Equity Bulls

Keywords

JSWSteel Q3FY24 9MFY24 ResultUpdate