Jindal Poly Films reports three and a half fold jump in Q4 net profit

30 May 2013 Evaluate

Jindal Poly Films has reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a about three and a half fold jump in its net profit at Rs 22.82 crore in Q4FY13 as compared to net profit of Rs 6.61 crore in the same quarter previous year. Total income from operation of the company has decreased by 2.40% to Rs 565.43 crore as compared to Rs 579.36 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 76.23% fall in its net profit at Rs 32.58 crore in FY13 as against Rs 137.08 crore in previous years. Total income from operation of the company has decreased to Rs 2231.79 crore as compared to Rs 2364.40 crore in FY12, down by 5.60%.

 

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