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JSPL Reports Super Strong Profits in Oct-Dec 2020 Quarter压铸展-铸造展-2021第二十二届广州国际压铸、铸造及工业炉展览会-巨浪展览 -The 22nd China(Guangzhou) Die-casting, Foundry & Industry Furnace Exhibition
1/22/2021  压铸展-铸造展- Die-casting expo-foundry expo
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Jindal Steel and Power Limited has reported a net profit of INR 2,566.7 crore on a consolidated basis in the October-December 2020 quarter as compared to INR 218.6 crore loss in October-December 2019 quarter. Revenue in the quarter was INR 10,898.7 crore, nearly 45% higher YoY as steel sales increased 12% to 1.9 million tonne amid rising long steel and flat steel prices. JSPL’s EBITDA in the quarter was INR 4,252 crore, registering an annual growth of 134%. EBITDA margins increased 15 percentage points to 39%

JSPL has decreased its debt levels to INR 25,621 crore at the end of the quarter, INR 9,836 crore lower than the same period last year. Lower debts also led to finance cost falling about 20% to INR 728.3 crore in the three-month period.






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