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25-Jul-2024

Jindal Steel & Power

Capex for the quarter was Rs 2,796 crore


'Consolidated net sales (including other operating income) of Jindal Steel & Power has increased 8.18% to Rs 13617.84 crore.  Share of exports is 7% in Q1FY25. The production and sales stood at 2.05 mt (flat yoy) and 2.09 mt (+14% yoy) respectively.

Operating profit margin has declined from 20.88% to 20.85%, leading to 8.04% rise in operating profit to Rs 2,839.32 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 39.68% to 46.81%.   Purchase of finished goods cost fell from 5.40% to 3.54%.   Other expenses fell from 32.69% to 26.60%.   Preoperation capitalised expenses rose from 0.53% to 0.84%.  

Other income fell 37.62% to Rs 34.49 crore.  PBIDT rose 7.10% to Rs 2873.81 crore.  Provision for int...



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