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Jindal Poly appoints new CFO

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Capital Market
Last Updated : Dec 31 2021 | 9:31 AM IST

Jindal Poly Films on Thursday announced the appointment of Devendra Singh Rawat as new chief financial officer of the company with effect from 30 December 2021.

Devendra Singh Rawat is Chartered Accountant and Cost & Management Accountant. He has 25 years of experience in finance, direct and indirect taxes, budgeting, cost management, private equity, forex, business arrangement, business strategy, IT automations, the company added in press release.

Jindal Poly Films is engaged in diverse business activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.

On a consolidated basis, the company reported a 3.2% rise in net profit to Rs 254.31 crore on a 33.5% increase in net sales to Rs 1,456 crore in Q2 FY22 over Q2 FY21.

Shares of Jindal Poly ended 0.75% lower at Rs 1,053.8 on Thursday.

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First Published: Dec 31 2021 | 8:59 AM IST

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