You are here: Home » Companies » News
Business Standard

JSPL FY11 consolidated net up 5% to Rs 3,804 cr

Press Trust of India  |  New Delhi 

Jindal Steel and Power Ltd (JSPL) today reported 5% rise in consolidated net profit for the year ended March 31, 2011 at Rs 3,804 crore on higher sales.

The Naveen Jindal-led company had clocked Rs 3,634.56 crore net profit in 2009-10, JSPL said in a statement.

Turnover of the company rose to Rs 13,111.6 crore during FY11 compared to Rs 11,091.54 crore in the year ago, it added.

On standlaone basis, JSPL's net profit was up by 39% to Rs 2,064.12 crore compared to Rs 1,479.68 crore in FY10.

Net profit of the company went up by 18 per cent in the final quarter of the last fiscal to Rs 648.33 crore vis-a-vis Rs 548.99 crore and the turnover by 15% to Rs 2,742.19 crore from Rs 2,388.83 crore in the same quarter of FY10.

First Published: Thu, April 21 2011. 18:39 IST