- by Stocktry Expert
- 22nd May 2021
Q4 Results: Concor and JSW Steel
Concor Q4 results: Net profit dives 92%
Container Corporation of India Ltd on Friday reported a 92 per cent dip in consolidated net profit to Rs 24.97 crore for the fourth quarter ended March 2021.
The company had clocked a net profit of Rs 316.56 crore in the year-ago period, the multi-modal logistics company said in a regulatory filing. The total income during the January-March period of 2020-21 rose to Rs 2,029.91 crore from Rs 1,659 crore a year ago.
The company also reported a 23.5 per cent rise in consolidated revenues for the March quarter at Rs 1,956.69 crore.
JSW Steel Q4 results reports highest-ever profit up 1717%
JSW Steel reported over 1,700 per cent year-on-year increase in consolidated net profit at Rs 4,198 crore for the March quarter (Q4FY21), the highest ever quarterly net profit Rs 231 crore.
The Board has recommended a dividend of Rs 6.5 per equity share for the financial year ended March 31, 2021.
The operating profit or EBITDA for the March quarter at Rs 8,440 crore. JSW Steel's scrip was marginally up (0.37 per cent) in afternoon trade at Rs 697.10 on NSE.