Jayaswal Neco Industries disclosed a phenomenal rise in standalone net profit for the quarter ended December 2010.

During the quarter, the profit of the company rose 93.22% to INR 293.70 million from INR 152.00 million in the same quarter last year.

The company’s net sales for the quarter for the quarter rose 11.49% to INR 5,213.10 million, while total income for the quarter rose 10.29% to INR 5,231.40 million, when compared with the prior year period.

(Sourced from IRIS)