Jai Corp announced that the Annual General Meeting (AGM) of the company will be held on 31 August 2018.

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Net profit of Jai Corp reported to Rs 11.17 crore in the quarter ended March 2018 as against net loss of Rs 1.88 crore during the previous quarter ended March 2017. Sales rose 1.82% to Rs 149.08 crore in the quarter ended March 2018 as against Rs 146.41 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 24.41 crore in the year ended March 2018 as against net loss of Rs 14.51 crore during the previous year ended March 2017. Sales declined 12.12% to Rs 575.99 crore in the year ended March 2018 as against Rs 655.41 crore during the previous year ended March 2017.

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Net profit of Jai Corp reported to Rs 4.57 crore in the quarter ended December 2017 as against net loss of Rs 18.01 crore during the previous quarter ended December 2016. Sales rose 8.82% to Rs 146.77 crore in the quarter ended December 2017 as against Rs 134.88 crore during the previous quarter ended December 2016.

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Jai Corp will hold a meeting of the Board of Directors of the Company on 14 February 2018.

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