Jindal Steel & Power FY 2008 Net Profit at Rs 1236.96 Crores

Jindal Steel & Power Ltd has announced the results for the quarter & year ended March 31, 2008.The Unaudited results for the Quarter ended March 31, 2008: The Company has posted a net profit after tax of Rs 3903.30 million for the quarter ended March 31, 2008 as compared to Rs 2027.70 million for the quarter ended March 31, 2007. Total Income has increased from Rs 10740.50 million for the quarter ended March 31, 2007 to Rs 15477.90 million for the quarter ended March 31, 2008.The Audited results for the Year ended March 31, 2008: The Company has posted a net profit after tax of Rs 12369.60 million for the year ended March 31, 2008 as compared to Rs 7029.90 million for the year ended March 31, 2007. Total Income has increased from Rs 35487.80 million for the year ended March 31, 2007 to Rs 54598.70 million for the year ended March 31, 2008.The Audited consolidated results for the Year ended March 31, 2008: The Group has posted a net profit after tax of Rs 12495.90 million for the year ended March 31, 2008 as compared to Rs 6990.50 million for the year ended March 31, 2007. Total Income has increased from Rs 35488.00 million for the year ended March 31, 2007 to Rs 55387.30 million for the year ended March 31, 2008.