Jindal Poly Films reports over 4-fold jump in Q1 net profit

Jindal Poly Films Ltd. | Textile | Textiles & Apparels | BSE: 500227 | NSE: JINDALPOLY

13 Aug 2018 Evaluate

Jindal Poly Films has reported results for first quarter ended June 30, 2018.

The company has reported over 4-fold jump in its net profit at Rs 54.04 crore for the quarter under review as compared to Rs 11.95 crore for the same quarter in the previous year. Total income of the company increased by 16.89% at Rs 885.99 crore for Q1FY19 as compared Rs 757.95 crore for the corresponding quarter previous year.

Jindal Poly Films is a part of the diversified B C Jindal group. The group has interests in flexible packaging, photographic products, thermal power generation and steel products. JPFL has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.

Peers

Company Name	CMP
Vardhman Textiles	568.95
Welspun Living	221.30
Arvind	569.85
Raymond Lifestyle	702.10
K.P.R. Mill	1133.40
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