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JTL Industries Ltd News

JTL Industries Q1 results: Net profit increases 21% to Rs 31 crore

Steel pipes maker JTL Industries Ltd on Wednesday reported a 21 per cent rise in its net profit at Rs 30.70 crore for the quarter ended June 30, aided by higher revenues. It had posted a profit of Rs 25.36 crore in the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing. Its revenue from operations rose to Rs 515.37 crore from Rs 504.80 crore in the year-ago quarter. The company's expenses were Rs 478.83 crore against Rs 471.66 crore a year ago. JTL Industries is a leading producer of electric resistance welded steel pipes with a production capacity of more than 6 lakh metric tonnes per year.

JTL Industries Q1 results: Net profit increases 21% to Rs 31 crore
Updated On : 10 Jul 2024 | 8:35 PM IST

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Analysts expect volatility in micro-cap stocks to continue in the near-term. They recommend limiting exposure to the segment

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts
Updated On : 12 Mar 2024 | 12:01 PM IST