Jaihind Projects registers growth of 28% in Q4 net profit

Jaihind Projects has registered a growth of 28.46% in its standalone net profit to Rs 10.02 crore for the quarter ended March 31, 2012, as against Rs 7.8 crore profit in the year-ago period. The net sales of the company increased by 21.20% to Rs 226.87 crore during the quarter under review from Rs 187.19 crore in the fourth quarter of 2010-11.

For the full year 2011-12, the company reported a consolidated net profit of Rs 28.51 crore, up by 10.93% compared to a net profit of Rs 25.70 crore in last year. Its consolidated net sales were also up over 29% to Rs 569 crore, while its total expenditure increased by 28.70% to Rs 469.70 crore.