Jindal Stainless Limited. Q4 results show revenue rise from 9,101.24 to 9,803.01 crores, a 7.71% increase in growth. EPS also rise from ₹6.04 to ₹9.30, up by 53.97%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Jindal Stainless Ltd. shared its Q4 results on Wednesday. They earned 9,803.01 crores in revenue this quarter, but that’s higher than the 9,101.24 crores they made last quarter. The company’s growth increased by 7.71 percent when comparing the two quarters.
In terms of profits, Jindal Stainless Ltd’s PAT (Profit After Tax) for this quarter was 765.79 crores, up from 497.51 crores in the previous quarter. Their quarter-to-quarter growth inclined by 53.94 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹9.30, which is an increase of 53.97% from the ₹6.04 EPS in the previous quarter.
Also read: ☞ ” Deepak Fertilizers Q4FY23 Results: Consolidated PAT of Rs 254.88 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 35,823.32 crores this year (2023), which is 9.21 percent higher than last year’s total revenue of 32,803.33 crores.
This year’s PAT (Profit After Tax) is 2,114.50 crores, which is also 31.32% lower than last year’s PAT of 3,078.82 crores.
The EPS (Earnings Per Share) for this year is ₹25.68, which is 33.64% less than the EPS of ₹38.70 earned last year.
Jindal Stainless Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹1.75 per Equity Share of Face Value of ₹2 each of the Company (75% of Face Value). Total Dividend for FY23 stood at ₹1.90 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹1.75 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )
About Jindal Stainless:
Jindal Stainless, an Indian stainless steel industry pioneer, was established in 1970. Jindal Stainless is the largest stainless steel firm in India and one of the top 10 in the world because to its unmatched creativity and cutting-edge products.
Download Full PDF Q4 Results of Jindal Stainless: Click Here
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