Industrial Products company Jindal Saw announced Q1FY25 results: Total Income: Rs 49,848 million, showing a YoY growth of 12.1% compared to Q1FY24 (Rs 44,474 million). EBITDA: Rs 8,853 million, representing a significant YoY increase of 37.3% from Q1FY24 (Rs 6,448 million). Financial Costs: Rs 1,542 million, slightly decreased from Rs 1,597 million in Q1FY24. Depreciation: Rs 1,481 million, an increase from Rs 1,316 million in Q1FY24. Profit Before Tax (PBT): Rs 5,830 million, up from Rs 3,535 million in Q1FY24, indicating strong growth. Result PDF
Industrial Products company Jindal Saw announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Standalone: Standalone Total Income Growth: Total income saw a YoY increase of 7%, with a quarterly figure of Rs 50,061 million. Operating Expenses: Showed a moderate increase in raw material costs, a significant rise in staff costs, and a slight decrease in other expenses on a YoY basis. EBITDA Improvement: Experienced a significant increase of 44.4%. Profitability: Profit before tax (PBT) and profit after tax (PAT) noted substantial growth, marking a very successful financial performance. Consolidated: Consolidated Total Income: Increased by 4.3% compared to Q4FY23. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): Surged by 45.7%. Profitability on Consolidated Basis: PAT had a significant rise of 61.5%. FY24 Financial Highlights: Standalone: Standalone Total Income Growth: Total income saw an annual increase of 16.1% with FY24 total income being Rs 1,82,330 million. Operating Expenses: Similar trends as Q4FY24, but for the full financial year. EBITDA Improvement: Experienced a significant increase of 76.6% for the full financial year. Profitability: Profit before tax (PBT) and profit after tax (PAT) noted substantial growth, marking a very successful financial performance for the fiscal year. Consolidated: Consolidated Total Income: Increased by 17% compared to FY23. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): Surged by 87.9%. Profitability on Consolidated Basis: PAT had a remarkable rise of 252.6% for the entire fiscal year. Result PDF
Conference Call with Jindal Saw Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.