JINDAL STEEL · NSE: JINDALSTEL · BSE: 532286

Q3 FY23 results · Oct–Dec 2022

JINDAL STEEL reported revenue from operations of ₹12,452.44 crore (down 0.6% from Q3 FY22) and net profit of ₹518.27 crore (down 72.2% from Q3 FY22) for Q3 FY23 (Oct–Dec 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY23	Q3 FY22	YoY	Q2 FY23	QoQ
Revenue from operations	12,452.44	12,524.86	−0.6%	13,521.40	−7.9%
Other income	17.06	10.49	+62.6%	0.48	36x
Total income	12,469.50	12,535.35	−0.5%	13,521.88	−7.8%
Profit before share of associates & JVs and tax	1,062.39	2,235.50	−52.5%	54.29	20x
Share of profit/(loss) of associates & JVs	(0.06)	(0.02)		(0.02)
Net profit for the period	518.27	1,866.08	−72.2%	219.27	+136.4%
Attributable to shareholders of the company	518.67	—	—	199.71	+159.7%
EPS, basic (₹)	5.16	15.85	−67.4%	1.99	+159.3%
Net margin (%)	4.2	14.9		1.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q3 FY23	Q3 FY22	YoY	Q2 FY23	QoQ
Revenue from operations	11,832.25	11,954.80	−1.0%	13,107.06	−9.7%
Other income	9.66	23.74	−59.3%	8.08	+19.6%
Total income	11,841.91	11,978.54	−1.1%	13,115.14	−9.7%
Profit before tax	(5,886.25)	2,302.56	Turned loss	(682.37)	Loss widened
Net profit for the period	(4,512.27)	1,713.64	Turned loss	(473.17)	Loss widened
EPS, basic (₹)	(44.90)	16.80	Turned loss	(4.71)	Loss widened
Net margin (%)	-38.1	14.3		-3.6

Consolidated

Filed with BSE: 01 Feb 2023, 17:38 IST
Board meeting: 31 Jan 2023
Period: 01 Oct 2022 to 31 Dec 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 01 Feb 2023, 17:38 IST
Board meeting: 31 Jan 2023
Period: 01 Oct 2022 to 31 Dec 2022
Review status: Unaudited
Source: XBRL filing on BSE