News Details

( As on 12/02/2025 17:50)

Jindal Worldwide Q3 net profit down 13.21% at Rs 18.20 cr

The company reported standalone net profit of Rs 18.20 crore for the quarter ended December 31, 2024 as compared to Rs 20.97 crore in the same period last year, registering a year-on-year decline of 13.21 per cent.

Net revenue of the company rose substantially by 31.29 per cent at Rs 585.88 crore in October-December quarter of this fiscal as against Rs 446.24 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 34.79 per cent to Rs 544.69 crore from Rs 404.10 crore in year ago period.

Other Income dipped by 42.55 per cent at Rs 0.27 crore versus (Dec'23 Rs 0.47 crore).

Operating Profit slipped by 2.25 per cent to Rs 41.19 crore as against Rs 42.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.53 per cent in December quarter.

Interest grew by 22.39 per cent y-o-y to Rs 11.59 crore, while Taxation decreased by 11.94 per cent at Rs 6.12 crore (Dec'23 Rs 6.95 crore).