agri-business Archives - indiabusinessview

Jain Irrigation net profit up 25%, to issue bonus DVR shares

January 28, 2011August 20, 2014Editor

Jain Irrigation Systems reported good growth and stable margins in the quarter ended December 2010.

Its sales rose by 15% to Rs 736 crore, over the September quarter or on a sequential basis. Its net profit too rose by 15% to 71 crore. Compared to the same period a year ago, its net profit rose by 25%.

ITC’s sales down 1% in the March quarter, cigarettes still the boss

May 23, 2009August 20, 2014Editor

ITC would prefer to be known as a diversified company, with businesses ranging from hotels to biscuits to soaps in its portfolio. But its 2008-09 results show once again, how critical the cigarettes’ division is to revenues and more so for profit growth.