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Jai Balaji Industries report 739% YoY increase in net profits
short by Trade Brains Editor / on Tuesday, 16 January, 2024
The shares of Jai Balaji Industries Ltd jumped 4% after experiencing a marginal 0.5% QoQ revenue decline to ₹1,539 crores in Q3 FY24, with a modest 0.13% YoY increase. The company's net profit surged significantly, rising by 16% QoQ to ₹235 crores and 739% YoY growth from Q3 FY23 to Q3 FY24, reaching ₹235 crores.
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