Jaiprakash Associates has declared its fourth quarterly results of FY09. Its net profit went up by 83% at Rs 385 crore versus Rs 210 crore, YoY.
The company’s net sales increased 60.88% to Rs 2,085 crore from Rs 1,296 crore. Its operating margin improved to 28.9% versus 27.2%.
Interest cost increased to Rs 168 crore from Rs 97.3 crore and other income came in at Rs 42.9 crore.
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