Jamna Auto Industries on Monday reported 20.62 per cent increase in consolidated net profit at Rs 35.51 crore for the second quarter ended September 30.
The company had posted a net profit of Rs 29.44 crore in the same quarter of the previous fiscal, Jamna Auto said in a regulatory filing.
Revenue from operations during the reported quarter stood at Rs 548.37 crore. It was at Rs 386.1 crore in the corresponding period last fiscal. During the second quarter, total expenses were higher at Rs 472.68 crore as against Rs 321.94 crore in the year-ago period, it added.
The company’s board of directors in a meeting Monday declared an interim dividend of 50 paise per equity share of nominal value of Re 1 each for 2018-19.
The board has fixed November 30, 2018 as record date for the purpose of determining the eligibility of shareholders for the payment of interim dividend, it added.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.