Press Releases
27 JUL 2009 Jindal SAW Limited Q2 PAT up 94%
Jindal SAW Ltd., a total pipe solution company in the country, today announced the unaudited (standalone) financial results for the 2nd Quarter ended June 30, 2009. The net turnover has jumped 47% to Rs. 1,500.22 Crores from Rs. 1,017.54 Crores, EBITDA up 48% to Rs. 238.12 Crores from Rs. 161.34 Crores; PBT is higher by 93% at Rs. 180.31 Crores from Rs. 93.45 Crores during the same quarter in the previous year. The PAT is up 94% at Rs. 135.99 Crores from Rs. 70.20 Crores. Company has recorded all round improvements in the financials. The higher profitability has been achieved by the Company as a result of improved productivity and bringing more efficiency in the operations in its various business segments.