Jai Corp reported a 21% increase in net sales for the quarter ending June 30, 2012, but net profit declined 11% resulting in a lower net profit margin of 14.36% compared to 19.59% in the previous fiscal year. While equity capital remained at Rs 178.50 million, the company's stock price on the BSE rose 1.12% to close at Rs 58.75, with trading volumes of 613846 shares on BSE and 1140353 shares on NSE. The BSE Sensex and Nifty indices closed the day down 0.25% and 0.18% respectively.

1. Jai Corp JQ Net dips 11%...Net Sales rises 21%
Jai Corp Limited
18-Sep-2012 | Quarterly Result as on 30-Jun-2012
For the period the Jai Corp Limited reported Net Sales of Rs 1648.80 million and Net Profit of Rs 236.70 million. While Net Sales rose by
21.17%, Net Profit came down by 11.22% and thereby NPM reduced to 14.36% as compared to 19.59% during same period previous FY .
Equity Capital for the period under consideration stands at Rs 178.50 million.
The stock of the Jai Corp Limited at BSE opened at 58.45 touched a high 59.40 and low 58.15 before closing at 58.75 gaining 1.12% over
previous close. The trading volume for the stock at BSE stood at 613846 shares and at NSE stood at 1140353 shares.
BSE NSE
The BSE Sensex closed today at 18496.01 (0.25% loss) and Nifty closed at 5600.05 (0.18% loss).
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