Jindal Steel & Power Limited (BOM: 532286)

Jindal Steel & Power Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	500,194	500,268	527,112	510,856	345,405	304,646
Other Revenue	-	-	-	-	-	259.6
Revenue	500,194	500,268	527,112	510,856	345,405	304,905
Revenue Growth (YoY)	-1.89%	-5.09%	3.18%	47.90%	13.28%	-22.56%
Cost of Revenue	230,824	222,814	246,815	207,579	110,139	111,176
Gross Profit	269,370	277,454	280,297	303,277	235,266	193,729
Selling, General & Admin	12,789	13,031	11,484	8,806	8,308	9,308
Other Operating Expenses	153,361	162,462	170,889	140,786	96,931	115,519
Operating Expenses	196,245	203,710	209,282	170,559	129,381	159,115
Operating Income	73,126	73,744	71,015	132,718	105,886	34,614
Interest Expense	-13,090	-13,098	-13,149	-18,233	-26,346	-36,437
Interest & Investment Income	2,014	2,014	1,706	1,188	774.4	577.8
Earnings From Equity Investments	3.2	-1	-1.5	-2.3	-	-
Currency Exchange Gain (Loss)	463.5	463.5	1,538	1,904	1,041	-332.9
Other Non Operating Income (Expenses)	-1,280	-1,101	-2,808	-1,667	-1,684	-1,820
EBT Excluding Unusual Items	61,237	62,022	58,300	115,907	79,670	-3,397
Impairment of Goodwill	-	-	-3,926	-	-	-
Gain (Loss) on Sale of Investments	810.4	810.4	363.2	338.7	44.5	2.8
Gain (Loss) on Sale of Assets	-9.1	-9.1	-72	-19.9	-12.8	-163.7
Asset Writedown	-410.6	-410.6	-1,506	-2,358	-142.2	-0.2
Other Unusual Items	-	-	-8,304	-2,139	2,959	-1,094
Pretax Income	61,628	62,413	44,855	111,728	82,519	-4,652
Income Tax Expense	11,030	2,980	12,923	29,245	18,108	1,085
Earnings From Continuing Operations	50,598	59,433	31,932	82,483	64,411	-5,737
Earnings From Discontinued Operations	-	-	228.6	-25,020	-25,183	1,740
Net Income to Company	50,598	59,433	32,161	57,463	39,228	-3,997
Minority Interest in Earnings	49	-49	-421.3	67.3	-2,893	2,905
Net Income	50,647	59,384	31,739	57,531	36,336	-1,092
Net Income to Common	50,647	59,384	31,739	57,531	36,336	-1,092
Net Income Growth	24.87%	87.10%	-44.83%	58.33%	-	-
Shares Outstanding (Basic)	1,006	1,004	1,006	1,020	1,020	1,015
Shares Outstanding (Diluted)	1,006	1,004	1,006	1,020	1,020	1,015
Shares Change (YoY)	0.11%	-0.24%	-1.33%	-0.01%	0.51%	4.86%
EPS (Basic)	50.33	59.15	31.54	56.40	35.62	-1.08
EPS (Diluted)	50.33	59.15	31.54	56.40	35.62	-1.08
EPS Growth	24.74%	87.55%	-44.08%	58.33%	-	-
Free Cash Flow	-45,180	-25,087	8,989	131,033	111,028	72,740
Free Cash Flow Per Share	-44.90	-24.99	8.93	128.46	108.84	71.67
Dividend Per Share	-	2.000	2.000	3.000	-	-
Dividend Growth	-	0%	-33.33%	-	-	-
Gross Margin	53.85%	55.46%	53.18%	59.37%	68.11%	63.54%
Operating Margin	14.62%	14.74%	13.47%	25.98%	30.66%	11.35%
Profit Margin	10.13%	11.87%	6.02%	11.26%	10.52%	-0.36%
Free Cash Flow Margin	-9.03%	-5.01%	1.71%	25.65%	32.14%	23.86%
EBITDA	102,670	101,412	97,267	171,468	143,492	72,200
EBITDA Margin	20.53%	20.27%	18.45%	33.56%	41.54%	23.68%
D&A For EBITDA	29,545	27,668	26,252	38,750	37,606	37,585
EBIT	73,126	73,744	71,015	132,718	105,886	34,614
EBIT Margin	14.62%	14.74%	13.47%	25.98%	30.66%	11.35%
Effective Tax Rate	17.90%	4.77%	28.81%	26.18%	21.94%	-
Revenue as Reported	501,582	501,834	527,682	511,359	350,726	304,908

Source: S&P Capital IQ. Standard template. Financial Sources.