Jindal Stainless Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 94,540.2 million compared to INR 97,650.8 million a year ago. Revenue was INR 95,090 million compared to INR 98,030.1 million a year ago. Net income was INR 5,007.4 million compared to INR 7,657.9 million a year ago. Basic earnings per share from continuing operations was INR 6.08 compared to INR 9.3 a year ago. Diluted earnings per share from continuing operations was INR 6.07 compared to INR 9.3 a year ago.
For the full year, sales was INR 385,624.7 million compared to INR 356,970.3 million a year ago. Revenue was INR 387,315.9 million compared to INR 358,233.2 million a year ago. Net income was INR 27,132.1 million compared to INR 21,145 million a year ago. Basic earnings per share from continuing operations was INR 32.95 compared to INR 25.68 a year ago. Diluted earnings per share from continuing operations was INR 32.94 compared to INR 25.68 a year ago.