Mumbai-based JB Chemicals & Pharmaceuticals has posted a 38 per cent jump in its net for the second quarter of the current financial year as compared to same period last year.
The company has posted a net profit of Rs 38.4 crore for the quarter ending September 30, 2008 as compared to Rs 27.90 crore it posted in the corresponding quarter last year. Its net sales also went up by 31 per cent at Rs 213.08 crore for the September quarter of current year as compared to Rs 162.27 crore it posted in the same period last year.
For the half year ending September 30, 2008, the company's net sales went up by 30 per cent at Rs 348.02 crore as compared to Rs 267.64 crore it posted in the same period last year.