Jubilant Industries surges on Q1 profit

Reuters Updated - July 26, 2019 at 10:31 AM.

Shares of Jubilant Industries Ltd surged 20 per cent to ₹93.5, their biggest per cent gain since June 14, 2018.

At 10.30 am, the stocks of Jubilant Industries of surged 20 per cent to ₹93.60.

The agricultural chemicals maker posted consolidated profit of ₹95.5 million ($1.38 mln) against a loss of ₹9.9 million year ago.

The revenue jumped 19 per cent to ₹1.52 billion. The stock has fallen 23.4 per cent this year as of last close. ($1 = INR 69.1000)

Published on July 26, 2019 05:01