homeearnings NewsJSPL Q3 results: Net profit drops 33.5% YoY to Rs 1,621.6 crore, revenue up 35% at Rs 12,525 crore; misses estimates

JSPL Q3 results: Net profit drops 33.5% YoY to Rs 1,621.6 crore, revenue up 35% at Rs 12,525 crore; misses estimates

JSPL Q3 results: Net profit drops 33.5% YoY to Rs 1,621.6 crore, revenue up 35% at Rs 12,525 crore; misses estimates
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By CNBC-TV18 Feb 8, 2022 7:02:43 PM IST (Updated)

In the corresponding quarter last year, the company posted a net profit of Rs 2,440 crore. CNBC-TV18 Polls had predicted a profit of Rs 1,900 crore for the quarter under review.

Jindal Steel & Power Ltd (JSPL), one of the country’s major private sector steel manufacturers, on Tuesday reported 33.5 percent drop in consolidated profit at Rs 1,621.6 crore for the third quarter ended December 31, 2021.

In the corresponding quarter last year, the company posted a net profit of Rs 2,440 crore. CNBC-TV18 Polls had predicted a profit of Rs 1,900 crore for the quarter under review.
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