'Consolidated
net sales of Jindal Steel & Power has declined 1.50% to Rs 13486.96
crore. Share of exports remained stable
at 11% in Q4FY24 vis-à-vis 11% during the Q4FY23. Production and sales for
Q4FY24 stood at 2.05MT and 2.01MT respectively.
Operating
profit margin has jumped from 15.98% to 18.12%, leading to 11.76% rise in
operating profit to Rs 2,444.49 crore.
Raw material cost as a % of total sales (net of stock adjustments)
decreased from 45.20% to 39.59%.
Purchase of finished goods cost rose from 4.40% to 6.06%. Employee cost increased from 2.14% to
2.72%. Other expenses rose from 32.23%
to 33.25%. Preoperation capitalised
expenses rose from 0.08% to 0.53%.
EBITDA was driven by reduction in raw material cost, partly offset by
lower NSR during the quarter.
Pleaselogin & subscribe to view the full report.
More Reports
-
Revenue up 11% YoY to Rs 33562.9 crore in Q2FY2025
-
(18-Nov-2024)
Bharat Forge
-
-
|