Jindal Steel and Power reported 24.27 per cent rise in its net profit to Rs 1,536 crore for the fourth quarter of 2008-09 as against Rs 1,236 crore in the corresponding quarter of last fiscal.

Net sales grew by 41 per cent to Rs 7,646 crore as compared to Rs 5,394 crore in January-March 2008.

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The company has also announced a final dividend of 550 per cent per equity share on shares of Re 1 each.

The scrip closed at Rs 2,081 on the Bombay Stock Exchange, up Rs 44.35 or 2.18 per cent.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end on a strong note - Nabard FY14 operating surplus soars 28% to Rs 1,635 cr - RBI eases banks' term deposit restrictions - NMDC Q4 net down 21.74% to Rs 1,642.28 cr - Balrampur Chini Q4 profit up by 15%

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