Jain Irrigation Systems reports net loss of Rs 16.88 crore in Q1

16 Aug 2012

Jain Irrigation Systems has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a net loss of Rs 16.88 crore for the quarter ended June 30, 2012 against net profit of Rs  82.35 crore for the corresponding period last fiscal. Total income decreased by 8.76% at Rs 870.24 crore during the quarter under review from Rs 953.75 crore in the year-ago period.

JISL is a farmer-centric company and micro irrigation has been its mainstay since the mid-1980s. The company has pioneered a green revolution through micro-irrigation technology, which comprises mainly of drip and sprinkle systems.

Related Jain Irrigation Systems Ltd. Links:

Jain Irrigation Sys Share Price

8.29 0.39 (4.94%) Jan 24, 18:01
1 Year Price Chart
Peers
Company Name CMP
Supreme Industries 1321.35
Jain Irrigation Sys 8.29
Uflex 221.40
Jindal Poly Films 253.35
Finolex Inds 558.95
View more..
Sensex vs Jain Irrigation Sys
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463