X

Jai Corp Ltd Q1FY24; 61% fall in Profits

Jai Corp Ltd, incorporated in 1985, is engaged in the manufacturing businesses of Steel, Plastic Processing and Spinning yarn. It is also involved in Investment Advisory Services, Development of Land and Buildings.


Financial Results:

  • Jai Corp Ltd reported Revenues for Q1FY24 of ₹115.55 Crores down from ₹194.61 Crore year on year, a fall of 40.62%.
  • Total Expenses for Q1FY24 of ₹112.02 Crores down from ₹180.43 Crores year on year, a fall of 37.91%.
  • Consolidated Net Profit of ₹5.50 Crores down 61.24% from ₹14.19 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.31, down 61.25% from ₹0.80 in the same quarter of the previous year.
Related Post