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Jain Irrigation Systems reports consolidated net loss of Rs 23.59 crore in Q2

11 Nov 2014 Evaluate

Jain Irrigation Systems has reported results for the second quarter ended September 30, 2014.

The company has reported net loss of Rs 19.42 crore for the quarter as compared to a net loss of Rs 65.03 crore for the same quarter in the previous year. However, total income has increased by 1.91% at Rs 829.11 crore for quarter under review as compared to Rs 813.55 crore for the quarter ended September 30, 2013.

On consolidated basis, the company has reported net loss after taxes, minority interest and share of loss of Associates of Rs 23.59 crore for the quarter as compared to a net loss of Rs 80.70 crore for the same quarter in the previous year. However, total income has increased by 4.54% at Rs 1279.87 crore for quarter under review as compared to Rs 1224.28 crore for the quarter ended September 30, 2013.

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