India’s Jindal SAW sees 178% rise in net profit in Q4 FY 2022-23

Friday, 19 May 2023 09:32:54 (GMT+3)   |   Kolkata
       

Indian iron ore pellet, iron and steel tube producer Jindal SAW Limited has reported a consolidated net profit of INR 3.53 billion ($43.13 million) for the fourth quarter (January-March) of fiscal year 2022-23, up 178 percent year on year, according to a company regulatory filing on Thursday, May 18.

The company has reported a total income of INR 52.66 billion ($642.20 million), up 31 percent year on year.

For the full fiscal year of 2022-23, the company achieved a consolidated net profit of INR 6.32 billion ($77 million) up 53.59, and a total income of INR 180.4 billion ($2.2 billion) in the given year, an increase of 34 percent, both year on year.


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