Stock Report

JSW Steel Ltd reports consolidated PAT of Rs. 1593 crore in Q2FY21



Posted On : 2020-10-23 16:24:02( TIMEZONE : IST )

JSW Steel Ltd reports consolidated PAT of Rs. 1593 crore in Q2FY21

JSW STEEL LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.19416 crores during the period ended September 30, 2020 as compared to Rs.11914 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.1593 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(561) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.6.59 for the period ended September 30, 2020 as compared to Rs.(2.34) for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 19416 crs₹ 11914 crsUp Tick 62.97%
Net Profit₹ 1593 crs₹ (561) crsUp Tick 383.96%
EPS₹ 6.59₹ (2.34)Up Tick 381.62%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.19416 crores during the period ended September 30, 2020 as compared to Rs.17728 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.1593 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.2560 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.6.59 for the period ended September 30, 2020 as compared to Rs.10.59 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 19416 crs₹ 17728 crsUp Tick 9.52%
Net Profit₹ 1593 crs₹ 2560 crsDown Tick -37.77%
EPS₹ 6.59₹ 10.59Down Tick -37.77%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.31330 crores during the 6 months period ended September 30, 2020 as compared to Rs.37681 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.1032 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.3588 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.4.27 for the 6 months period ended September 30, 2020 as compared to Rs.14.84 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 31330 crs₹ 37681 crsDown Tick -16.85%
Net Profit₹ 1032 crs₹ 3588 crsDown Tick -71.24%
EPS₹ 4.27₹14.84Down Tick -71.23%

Shares of JSW STEEL LTD. was last trading in BSE at Rs.325.75 as compared to the previous close of Rs. 322.85. The total number of shares traded during the day was 179163 in over 2341 trades.

The stock hit an intraday high of Rs. 326.95 and intraday low of 319.4. The net turnover during the day was Rs. 57944033.

Source : Equity Bulls

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