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Friday, January 30, 2015
Jindal Saw standalone quarterly net rises 23.74%
20 Jan, 2015: Jindal Saw Ltd (Rs.80,40) saw a good increase in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 23.74% to Rs 619.20 million from Rs.500.40 million in the same quarter last year.
Net sales for the quarter rose marginally 3.97% to Rs.17,774.30 million, compared with Rs.17,096 million for the prior year period.
Earnings per share for the quarter stood at Rs.2.21, registering 22.10% growth over previous year period.