Jindal Steel and Power Limited has reported a multifold jump in consolidated net profit to INR 2,771 crore for April-June 2022 quarter as its total income rose to INR 13,069 crore from INR 10,643 crore a year ago. Quarterly net profit at INR 1,993 crore was up by 4728% YoY from INR 41 crore in April-June 2021 quarter however. EBITDA of INR 3,463 crore was down 24% YoY from INR 4,573 crore in April-June 2021 quarter.JSPL also announced that its output of steel remained almost flat at 1.99 million tonne as compared to 2.01 million tonne in April-June 2021. The sale of steel stood at 1.74 million tonne against 1.61 million tonne a year ago.
Jindal Steel and Power Limited has reported a multifold jump in consolidated net profit to INR 2,771 crore for April-June 2022 quarter as its total income rose to INR 13,069 crore from INR 10,643 crore a year ago. Quarterly net profit at INR 1,993 crore was up by 4728% YoY from INR 41 crore in April-June 2021 quarter however. EBITDA of INR 3,463 crore was down 24% YoY from INR 4,573 crore in April-June 2021 quarter.JSPL also announced that its output of steel remained almost flat at 1.99 million tonne as compared to 2.01 million tonne in April-June 2021. The sale of steel stood at 1.74 million tonne against 1.61 million tonne a year ago.
