Stock Report

JSW Steel Ltd reports consolidated loss of Rs. 848 crores in Q2 FY2022-23



Posted On : 2022-10-23 16:57:47( TIMEZONE : IST )

JSW Steel Ltd reports consolidated loss of Rs. 848 crores in Q2 FY2022-23

JSW Steel Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 41966 crores during the period ended September 30, 2022 as compared to Rs. 38275 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -848 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 838 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -3.53 for the period ended September 30, 2022 as compared to Rs. 3.46 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 41966 crs ₹38275 crs Up Tick / Down Tick9.64%
Net Profit ₹-848 crs ₹838 crs Up Tick / Down Tick-201.19%
EPS ₹-3.53 ₹3.46 Up Tick / Down Tick-202.02%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 41966 crores during the period ended September 30, 2022 as compared to Rs.33449 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-848 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.7170 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-3.53 for the period ended September 30, 2022 as compared to Rs.29.67 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 41966 crs ₹33449 crs Up Tick / Down Tick25.46%
Net Profit ₹-848 crs ₹7170 crs Up Tick / Down Tick-111.83%
EPS ₹-3.53 ₹29.67 Up Tick / Down Tick-111.90%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.80241 crores during the 6 Months period ended September 30, 2022 as compared to Rs.62549 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-10 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.13074 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.05 for the 6 Months period ended September 30, 2022 as compared to Rs.54.09 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹80241 crs ₹62549 crs Up Tick / Down Tick28.29%
Net Profit ₹-10 crs ₹13074 crs Up Tick / Down Tick-100.08%
EPS ₹-0.05 ₹54.09 Up Tick / Down Tick-100.09%

Shares of JSW Steel Limited was last trading in BSE at Rs. 628.50 as compared to the previous close of Rs. 625.85. The total number of shares traded during the day was 44480 in over 1732 trades.

The stock hit an intraday high of Rs. 630.00 and intraday low of 616.00. The net turnover during the day was Rs. 27678355.00.

Source : Equity Bulls

Keywords

JSWSteel Q2FY23 H1FY23 ResultUpdate