Earnings With ET NOW | A Robust Show In Q2; Outlook On Margin Expansion | VR Sharma, JSPL

Jindal Steel and Power reported a consolidated net profit from continuing operations of Rs 2,584 crore, up 2.8 times during the September quarter of FY22, as against a net profit of Rs 896.93 crore reported in the same period last year, on the back of higher volumes and an all-time high steel prices. JSPL’s net profit was around Rs 2,515 crore in the previous quarter of FY22. The company’s total revenue from operations was at Rs 13,611 crore, up 67 per cent year-on-year. The company reported an operating profit (Ebitda) of Rs 4,594 crore up 91% YoY. Speaking to ET NOW, VR Sharma, MD, JSPL gives details about the earnings of the company and its future plans. Watch the full interview here.
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