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Jai Mata Glass report 11-fold rise in Q4 net

08 Jun 2012 Evaluate

Jai Mata Glass has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 1087.5% in its net profit at Rs 1.90 crore for the quarter ended March 31, 2012 as compared to Rs 0.16 crore for the same quarter in the previous year. Total income has increased by 41.34% at Rs 16.24 crore for quarter under review as compared to Rs 11.49 crore for the quarter ended March 31, 2011.

The company has reported net loss of Rs 0.55 crore for the year ended March 31, 2012, against net profit of Rs 1.51 crore in last fiscal. However, total income increased by 21.45% at Rs 58.37 crore from Rs 48.06 crore in the year-ago period.

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