JINDAL STAINLESS LTD. - 532508 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earning Call held on 24th January, 2023 at 04:30 P.M30-01-2023
30-01-2023
Buy Jindal Stainless Hisar; target of Rs 585: ICICI Direct
ICICI Direct is bullish on Jindal Stainless Hisar recommended buy rating on the stock with a target price of Rs 585 in its research report dated January 25, 2023.28-01-2023
JINDAL STAINLESS LTD. - 532508 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording for Earning Call held on 24th January, 2023 at 04:30 P.M.25-01-2023
Jindal Stainless Q3 profit drops 32% to Rs 298.56 cr due to higher expenses
Jindal Stainless on Monday reported 32.4 per cent drop in consolidated profit at Rs 298.56 crore for the quarter ended December, mainly due to higher expenses. The company had posted a consolidated profit of Rs 441.78 crore in the year-ago period, Jindal Stainless said in a filing to BSE. The consolidated revenue from operations of the company in the October-December increased to Rs 6,349.71 crore over Rs 5,670.02 crore in the year-ago period, the filing said. The consolidated total expenses increased to Rs 5,999.69 crore from Rs 5,059.41 crore. Jindal Stainless Managing Director Abhyuday Jindal said, "Agility and adaptability to changing market conditions lies at the core of sales and operations planning at Jindal Stainless. This strategy continued to serve us well in the last quarter and helped us align our sales mix with the domestic demand." "We also undertook focused measures to fulfil our environmental responsibility, including the commitment to power future growth through .23-01-2023
JINDAL STAINLESS LTD. - 532508 - Announcement under Regulation 30 (LODR)-Investor Presentation
As per attached disclosure23-01-2023
JINDAL STAINLESS LTD. - 532508 - Compliances-Reg. 54 - Asset Cover details
As per attached disclosure23-01-2023
Q3FY23 Quarterly Result Announced for Jindal Stainless Ltd.
Jindal Stainless announced Q3FY23 results:: Q3FY23: Standalone proforma merged (JSL + JSHL) performance: Revenue at Rs 9,073 crore, up by 5% QoQ EBITDA at Rs 951 crore, up by 37% QoQ PAT at Rs 568 crore, up by 58% QoQ Net lenders' debt at Rs 2,824 crore Net debt-to-equity ratio at ~0.3 for the combined entity Standalone performance - JSL: Revenue at Rs 6,221 crore EBITDA at Rs 622 crore PAT at Rs 351 crore Sales volume at 3,30,427 metric tonnes Standalone performance - JSHL: Revenue at Rs 3,765 crore EBITDA at Rs 339 crore PAT at Rs 224 crore Sales volume at 1,74,188 metric tonnes Commenting on the performance of the company, Managing Director, Jindal Stainless, Abhyuday Jindal, said, “Agility and adaptability to changing market conditions lie at the core of sales and operations planning at Jindal Stainless. This strategy continued to serve us well in the last quarter and helped us align our sales mix with the domestic demand. We also undertook focused measures to fulfill our environmental responsibility, including the commitment to power future growth through renewable sources of energy only. On behalf of the Indian stainless steel industry, we are thankful to the Indian government for its decision to revoke the export duty levied on stainless steel products. This move will give a thrust to the government’s local to global mandate. We are hopeful that the government will take necessary steps to address the trade imbalance between India and China and other FTA countries like Indonesia caused due to dumping of subsidised and duty-free imports.” Result PDF23-01-2023
JINDAL STAINLESS LTD. - 532508 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
As per attached disclosure23-01-2023