Jain Irrigation Systems Ltd has posted a net profit of Rs 1.24 crore for the third quarter ended December 31, 2011 compared with Rs 71.47 crore for the quarter ended December 31, 2010.

According to the BSE filing, the total income has increased from Rs 736.57 crore for the quarter ended December 31, 2010 to Rs 835.05 crore for the quarter ended December 31, 2011.