Jindal Strips net jumps 93% - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Jindal Strips net jumps 93%

Oct 18, 1999

The company has witnessed a jump in net profit margins by 160 basis points to 5%. This has been made possible by the improved price realisations and the reduction in costs of production. As the economy gains pace and the demand for steel picks up, the company can be expected to improve on its performance even further.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 3,115 2,422 28.6%
Other Income 13 25 -45.7%
Expenditure 2,506 1,986 26.2%
Interest 299 217 37.8%
Depreciation 167 162 3.0%
Profit before Tax 157 82 92.9%
Tax - - NM
Profit after Tax 157 82 92.9%
Net profit margins 5.0% 3.4%  

Equitymaster requests your view! Post a comment on "Jindal Strips net jumps 93%". Click here!

  

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS