Tuesday , 25 June 2019
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Jain Irrigation Systems reports 23% rise in Q3 consolidated net profit

Jain Irrigation Systems reports 23% rise in Q3 consolidated net profit

Jain Irrigation Systems has reported results for third quarter ended December 31, 2018.

The company has reported a marginal fall of 2.70% in its net profit at Rs 62.98 crore for the quarter under review as compared to Rs 64.73 crore for the same quarter in the previous year. However, total income of the company increased by 6.64% at Rs 1,125.30 crore for Q3FY19 as compared Rs 1,055.24 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 23.05% in its net profit at Rs 82.42 crore for the quarter under review as compared to Rs 66.98 crore for the same quarter in the previous year. Total income of the company increased by 10.45% at Rs 2,129.39 crore for Q3FY19 as compared Rs 1,927.86 crore for the corresponding quarter previous year.

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