JTL Infra zooms on reporting around 3-fold jump in Q3 net profit

JTL Infra is currently trading at Rs. 262.00, up by 12.80 points or 5.14 % from its previous closing of Rs. 249.20 on the BSE.

The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 267.90 and Rs. 252.00 respectively. So far 21199 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 2 has touched a 52 week high of Rs. 268.50 on 11-Jan-2022 and a 52 week low of Rs. 41.22 on 28-Jan-2021.

Last one week high and low of the scrip stood at Rs. 268.50 and Rs. 211.50 respectively. The current market cap of the company is Rs. 1544.78 crore.

The promoters holding in the company stood at 62.52% and Non-Institutions held 37.48%.

JTL Infra has reported around 3-fold jump in its net profit at Rs 13.02 crore for the quarter ended December 31, 2021 as compared to Rs 5.02 crore for the same quarter in the previous year. Total income of the company increased by over 2-fold to Rs 232.76 crore for Q3FY22 as compared Rs 101 crore for the corresponding quarter previous year.

JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects.

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