Jindal Saw standalone net profit declines 7.74% in the March 2019 quarter

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Sales rise 15.76% to Rs 2844.26 crore
Net profit of Jindal Saw declined 7.74% to Rs 152.61 crore in the quarter ended March 2019 as against Rs 165.42 crore during the previous quarter ended March 2018. Sales rose 15.76% to Rs 2844.26 crore in the quarter ended March 2019 as against Rs 2456.99 crore during the previous quarter ended March 2018.For the full year,net profit rose 29.62% to Rs 500.07 crore in the year ended March 2019 as against Rs 385.79 crore during the previous year ended March 2018. Sales rose 34.47% to Rs 9829.49 crore in the year ended March 2019 as against Rs 7309.89 crore during the previous year ended March 2018.
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First Published: May 23 2019 | 3:40 PM IST