Jindal Strips posts improved margins - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Jindal Strips posts improved margins

Apr 25, 2000

Jindal Strips Limited has posted a dramatic improvement in profitability during the financial year ended 31st March 2000. The company has benefited from better cost management that has helped it in improving its operating margins. The sharp rise in the provision for tax has moderated the rise in the bottomline of the company. Nevertheless it has managed to post a sharp rise in the earnings per share. The improvement in the international prices and demand for steel has helped the company post the improved performance.

(Rs m)FY1999FY2000Change
Sales 10,259 12,453 21%
Other Income 109 56 -48%
Expenditure 8,493 10,096 19%
Operating Profit (EBDIT) 1,765 2,358 34%
Operating Profit Margin (%)17.2%18.9% 
Interest 881 1,090 24%
Depreciation 620 699 13%
Profit before Tax 374 626 68%
Tax 0 16 7900%
Profit after Tax/(Loss) 374 610 63%
Net profit margin (%)3.6%4.9%
Earnings per share19.75 32.26 63%

Equitymaster requests your view! Post a comment on "Jindal Strips posts improved margins". Click here!

  

More Views on News

A Peek into Tata Steel's Stellar June Quarter Performance (Views On News)

Aug 13, 2021

Tata Steel's June quarter profits were higher than the full-year profits reported for fiscal 2021.

Tata Metaliks Share Price Jumps 8% After Turning Profitable (Views On News)

Jul 14, 2021

A peek into Tata Metaliks' stellar June quarter performance.

Tata Steel Gains as June Quarter Output and Sales Jump Over 40% YoY (Views On News)

Jul 5, 2021

Shares of the company have surged 240% in the last year on the back of rising steel prices.

Shyam Metalics IPO: Key Points to Consider (Views On News)

Jun 12, 2021

Shyam Metalics is commanding a strong grey market premium ahead of its IPO next week.

SAIL's Stellar Quarter Four Performance Puts Stock in Focus (Views On News)

Jun 11, 2021

Shares of Steel Authority of India (SAIL) surged over 5% on the BSE today after the company reported robust March quarter numbers.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

6 Penny Stocks that Rallied 1,000%+ in One Year (Views On News)

Dec 6, 2021

These penny stocks shed their penny status by surging 1,000% or more in the last one year.

The Biggest Winners and Losers in India's Transition to Electric Vehicles (Profit Hunter)

Nov 26, 2021

How India's EV transition could be a major headwind for the incumbents.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

NALWA SONS INV SHARE PRICE


Dec 8, 2021 01:11 PM

TRACK NALWA SONS INV

  • Track your investment in NALWA SONS INV with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON NALWA SONS INV

NALWA SONS INV 5-YR ANALYSIS

COMPARE NALWA SONS INV WITH

MARKET STATS