Moneycontrol PRO
HomeNewsBusinessEarningsJindal Drilling Q3 net up 2.7X to Rs 16.4cr; shares gain 7%

Jindal Drilling Q3 net up 2.7X to Rs 16.4cr; shares gain 7%

Jindal Drilling's third quarter net profit jumped by 2.7 times year-on-year to Rs 16.4 crore, sending shares 7 percent higher intraday.

February 08, 2013 / 11:38 IST

Jindal Drilling's third quarter net profit jumped by 2.7 times year-on-year to Rs 16.4 crore, sending shares 7 percent higher intraday.

Meanwhile, net sales increased marginally to Rs 206 crore from Rs 200.7 crore during the same period.

At 11:29 hours IST, shares rose 4.71 percent to Rs 247 amid hefty volumes on Bombay Stock Exchange.

first published: Feb 8, 2013 11:38 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347