Stainless steel manufacturer JSL Ltd today reported a net profit of Rs 62.75 crore for the second quarter ended September 30, 2009.
The company had a net loss of Rs 68.64 crore in the September quarter last fiscal, JSL said in a filing with the Bombay Stock Exchange (BSE).
Total income of the company increased to Rs 1,330.02 crore in the quarter under review from Rs 1,094.90 crore during the same period previous year, it said.
For the six-month period ended September 30, 2009, it posted a net profit of Rs 157.51 crore whereas it incurred a net loss of Rs 40.21 crore in the half-yearly period previous year.
Total income rose to Rs 2,677.32 crore in the six-month period under review from Rs 2,650.27 crore during the same period last fiscal.
Shares of the company closed at Rs 97.95, down 1.11 per cent from the previous close on the BSE.
