Showing posts with label Jaiprakash Associates. Show all posts
Showing posts with label Jaiprakash Associates. Show all posts

27 April 2009

JP Associate disclosed its Q4 results, net profits up by 83%

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.

16 April 2009

Sachin Tendulkar as brand ambassador for Jaypee Cement

Cement, construction and power major Jaiprakash Associates has signed Tendulkar for its Cement brand although the fees for endorsing remain undisclosed. Alhough Tendulkar is known to usually charge four crore rupees per endorsement per year. Manoj Gaur, Executive Chairperson, Jaypee Group, said, "Sachin and Jaypee Cement are a perfect fit as they stand for similar values of inner strength, endurance and everlasting performance. We have been seeing growth in our business and we feel that now is an appropriate time for us to have a brand ambassador."
The campaign will use television, print and OOH media. The brand also sports a new tag line, Andar Se Solid, which consolidates the brand's core values of trust, resilience and stability. Earlier, there were two products under the Jaypee Cement banner, called 'Buland' (which had the tag line Buland Bharat ka Buland Cement) and Buniyaad (which had the tag line Yugon Yugon ka Saathi). Now, both the products have been dissolved and there is only one cement product from the Jaypee Group.