Net revenue during the quarter under review rose to Rs 1,345.3 crore from Rs 1,293.6 crore in the year-ago period, the company said in a statement.
Last week, the company had announced plans to raise Rs 792 crore by issuing equity shares in the company and its food subsidiary JFFFL to agri-business funding firm Mandala Capital and promoters.
Jain Irrigation is engaged in manufacturing of micro- irrigation systems, PVC pipes, HDPE pipes, plastic sheets, agro processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs since last 34 years.
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