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Jaybharat Textiles Q3 net up by 12%

Jan '07
Jaybharat Textiles and Real Estate Limited (JBTRL), a Saurabh Kumar Tayal Enterprise, has reported an increase of 11.51 percent in its net profit at Rs 7.52 crores during the third quarter ended December 31, 2006 as against the net profit of Rs 6.75 crores during the previous corresponding quarter ended December 31, 2005.

The company has reported an increase of 20.68 % in its net sales at Rs 62.82 crores during the third quarter of this fiscal as against Rs 52.06 crores during the corresponding period last year. The EPS of the company stands at Rs 3.82 per share for the nine months period ended Dec 31, 2006.

Diversifying from its textile business, the company has recently entered into the real estate sector. Under its real estate ambitions, the company is constructing City Centre at Vapi in Gujarat. The ambitious Vapi project will have an IT Park, auditoriums, malls, food courts, multiplexes and a star hotel.

Jaybharat Textiles and Real Estate Limited (JBTRL) is engaged in the manufacture of cotton yarn and doubling of cotton yarn. The company is listed on the Bombay Stock Exchange. Its plants are located at Silvassa, Vapi and Bhilad.

Jaybharat Textiles and Real Estate Limited

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