Jindal Stainless declared their Q3 FY24 results on 18 Jan, 2024. The topline increased by 0.72% & the profit increased by 39.16% YoY. As compared to the previous quarter, the revenue declined by 6.83% and the profit decreased by 10.59%.
The Selling, general & administrative expenses rose by 12.8% q-o-q & increased by 11.07% Y-o-Y.
The operating income was down by 8.91% q-o-q & increased by 47.14% Y-o-Y.
The EPS is ₹8.41 for Q3 FY24 which increased by 39.24% Y-o-Y.
Jindal Stainless has delivered -7.59% return in the last 1 week, 54.35% return in the last 6 months and -0.84% YTD return.
Currently, Jindal Stainless has a market cap of ₹46713.44 Cr and 52wk high/low of ₹622.5 & ₹229.38 respectively.
As of 21 Jan, 2024, out of 8 analysts covering the company, 4 analysts have given a Buy rating & 4 analysts have given a Strong Buy rating.
The consensus recommendation as of 21 Jan, 2024, was to Strong Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 9127.45 | 9797.04 | -6.83% | 9062.5 | +0.72% |
| Selling/ General/ Admin Expenses Total | 160.07 | 141.9 | +12.8% | 144.12 | +11.07% |
| Depreciation/ Amortization | 235.53 | 221.94 | +6.12% | 181.44 | +29.81% |
| Total Operating Expense | 8116.81 | 8687.6 | -6.57% | 8375.64 | -3.09% |
| Operating Income | 1010.64 | 1109.44 | -8.91% | 686.86 | +47.14% |
| Net Income Before Taxes | 916.83 | 993.14 | -7.68% | 684.96 | +33.85% |
| Net Income | 692.33 | 774.33 | -10.59% | 497.51 | +39.16% |
| Diluted Normalized EPS | 8.41 | 8.46 | -0.57% | 6.04 | +39.24% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹692.33Cr
Question : What is Q3 FY24 revenue?
Ans : ₹9127.45Cr
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Published: 21 Jan 2024, 02:19 AM IST