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Jaybharat Textiles Q4 net up by 93%

May '07
Jaybharat Textiles and Real Estate Limited (JBTRL), a Saurabh Kumar Tayal Enterprise, has reported an increase of 93.19 per cent in its net profit at Rs 12.27 crore during the fourth quarter ended March 31, 2007 as against the net profit of Rs 6.35 crore during the previous corresponding quarter ended March 31, 2006.

The net sales increased by 58.82 per cent at Rs. 82.76 crore from Rs. 52.11 crore in the previous quarter ended March 31, 2006.

For the full year, the net profit rose by 27.16 per cent at Rs 31.75 crores as against the net profit of Rs 24.97 crores during the previous year. The net sales increased by 30.19 per cent at Rs. 249.85 crores against Rs. 191.91 crore for the previous year. The EPS of the company stands at Rs 2.49 per share for a face value of Rs. 2 each.

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

Jaybharat Textiles and Real Estate Limited

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