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01-01-1970 12:00 AM | Source: Angel Broking Ltd
JSPL - 4QFY21 by Mr. Yash Gupta, Angel Broking Ltd
News By Tags | #5948 #607 #86 #6174

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Below are Quote on JSPL - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd   

Jindal steel & Power limited reported total revenue from operations at 11,903 up by 74.5% YoY from ₹6819 crores in Q4FY20. Iron & Steel has done very well revenue up by 77% at 10235 crores as compared to 5775 crores in Q4FY20. Profit before tax for the quarter at 3,820 crores in Q4FY21 as compared to 216 crores in Q4FY20. Profit after tax for the quarter at ₹2,139 crores in Q4FY21 as compared to ₹305 crores in Q4FY20 which is above market expectation. Company reported the EPS for the quarter at ₹19.30 per share and 51.7 for the year 2021.

Jindal steel & Power limited reported very strong growth in this quarter, after a very long period the company reported revenue growth of 75% and PAT growth of 7 times. We have a positive outlook for the Jindal steel & Power limited.

 

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