Jindal Stainless Q4 Results: Profit Rises 18%, Beats Estimates
Jindal Stainless has reported an 18% bottom line growth, beating Bloomberg estimates
Jindal Stainless has reported an 18% bottom line growth, beating Bloomberg estimates while also reporting an 8% rise in revenue this quarter.
The bottom-line growth saw about an 18% rise at Rs 591 crores compared to Rs 501 crores in the previous quarter. The net profit that the company clocked in has beaten the Bloomberg consensus estimate of Rs 526 crore.
The company's revenue also saw an 8% uptick at Rs 10,198 crore compared to the Rs 9,454 crore reported in the previous quarter.
The Ebitda also saw a 2.5% uptick this quarter at Rs 1,061 crore, while the margin was at 10.4% for the quarter.
Jindal Stainless Q4 Highlights (Consolidated, YoY)
Revenue up 8% to Rs 10,198 crore versus Rs 9,454 crore. (Bloomberg estimate: Rs 10,568.1 crore)
Ebitda up 2.5% to Rs 1,061 crore versus Rs 1,035 crore.
Margin at 10.4% versus 11%.
Net profit up 18% to Rs 591 crore versus Rs 501 crore. (Bloomberg estimate: Rs 526 crore)
Jindal Stainless Final Dividend
After posting fourth quarter results, the board is set to pay a final dividend of Rs 2 per share according to the exchange filing.
The total dividend for the financial year 2025 adds up to Rs 3 per equity share with the face value of Rs 2 each, including the interim dividend.
Jindal Stainless Share Price
Ahead of results, the shares of Jindal Stainless closed lower at Rs 588.25 apiece on NSE. The 1.19% decline compares to a 0.58% fall in the benchmark index Nifty 50.
The scrip fell as much as 2.58% to Rs 580 apiece in trade on Thursday. The counter has seen a 15.87% decline on a year-to-date basis. The stock fell 15.19% in the last 12 months.
