The Business Bytes
TBB BUREAU
NEW DELHI, MAY 12, 2021
Private steel behemoth Jindal Steel and Power Ltd (JSPL) on Wednesday reported consolidated profit after tax (PAT) of Rs 1,900.51 crore during the fourth quarter (Q4) ended March 31, 2021, while attributing it to higher income.
Its “net profit after tax from continuing operation” in the year-ago quarter was at Rs 82.13 crore, JSPL said in a BSE filing.
During the quarter under review, JSPL said its total income also soared to Rs 11,903.59 crore as against Rs 6,819.73 crore in Q4 of FY2019-20.
The company’s total expenses stood at Rs 8,082.92 crore in the Q4FY21 as compared to Rs 6,603.65 crore in the corresponding period of the preceding fiscal.
