Jindal Saw Q2 net profit at Rs.702.50 million

Jindal Saw Ltd has announced the Unaudited results for the quarter ended March 31, 2007.

The Company has posted a net profit of Rs 702.50 million for the quarter ended March 31, 2007 as compared to Rs 471.30 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 9550.40 million for the quarter ended March 31, 2006 to Rs 12722.70 million for the quarter ended March 31, 2007.

The stock closed on Friday at Rs.539.60, up by Rs.0.40 or 0.07%. The total traded quantity was 15634 compared to 2 week average of 15394. The stock hit an intraday high of Rs.550 and low of Rs.517.10.

Source : Equity Bulls

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