Left Menu
Development News Edition

Jain Irrigations Q1 profit falls 74 pc at Rs 22 cr

PTI | New Delhi | Updated: 16-08-2019 14:40 IST | Created: 16-08-2019 14:40 IST
Jain Irrigations Q1 profit falls 74 pc at Rs 22 cr

Jain Irrigations Systems Ltd (JISL) has reported 74 per cent decline in consolidated net profit at Rs 22.14 crore for the June 2019 quarter. The firm had posted a net profit of Rs 85.18 crore in the year-ago period.

Total income during the June quarter fell to Rs 1,950.17 crore from Rs 2,152.82 crore in the same period last year, a regulatory filing said. JISL, its subsidiaries and associates are engaged in manufacturing of micro irrigation systems, PVC pipes, HDPE pipes, plastic sheets, agro processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs.


TRENDING

OPINION / BLOG / INTERVIEW

Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

Videos

Latest News

No plans to speak to Chinese president: Trump

US President Donald Trump on Tuesday said of late he has not spoken with his Chinese counterpart Xi Jinping and has no plans to do so. No, I have not spoken to him, one. No, I do not. I have no plan to speak to them, Trump told reporters at...

Moderna shares soar over 16 percent after positive result in its coronavirus vaccine trial

US drugmaker Modernas shares soared by more than 16 per cent after the company said its potential vaccine to prevent Covid-19 produced a robust immune response in all 45 patients in its early stage human trial, CNBC reported. All the 45 pa...

Trump ends Hong Kong preferential status, citing 'oppressive' Beijing actions against city

President Donald Trump on Tuesday ordered an end to Hong Kongs special status under U.S. law to punish China for what he called oppressive actions against the former British colony. Citing Chinas decision to enact a new national security la...

Democrat Sara Gideon wins nomination to challenge U.S. Senator Susan Collins

Democrats in Maine chose Sara Gideon, the speaker of the states House of Representatives, as their nominee for the U.S. Senate in November elections, when she will face off against incumbent Republican Susan Collins, the New York Times said...

Give Feedback