Jindal SAW Limited has today announced the unaudited financial results for the Q2 ended June 30th 2009. The net turnover has jumped 47% to INR 1,500.22 crore from INR 1,017.54 crore, EBITDA up by 48% to INR 238.12 crore from INR 161.34 crore, PBT is higher by 93% at INR 180.31 crore from INR 93.45 crore during the same quarter in the previous year. The PAT is up by 94% at INR 135.99 crore from INR 70.20 crore.
It was recorded all round improvements in the financials. The higher profitability has been achieved by the company as a result of improved productivity and bringing more efficiency in the operations in its various business segments.
The summarized results are as under
Particulars Q1'09 Q1'08 Change
Net Turnover 1,500.22 1,017.54 47%
EBITDA 238.12 161.34 48%
PBT 180.31 93.45 93%
PAT 135.99 70.2 94%
EBITDA/ PMT 12517 8664 44%
(In INR crore)
Source from: http://www.steelguru.com/news/index/2009/07/28/MTA0MDY1/Jindal_SAW_Limited_Q2_PAT_up_by_94pct.html
Monday, July 27, 2009
Jindal SAW Limited Q2 PAT up by 94pct
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