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Jay Shree Tea and Industries Ltd has reported a near 34 per cent jump in net profit to approximately Rs 39 crore for the quarter ended September 30, 2014.
Net profit during the corresponding period last fiscal stood at Rs 29 crore.
During the quarter, the company reported a near 10 per cent growth in total income to Rs 214 crore (Rs 195 crore in the year-ago period).
Segment-wise results
According to a notification to the bourses, Jay Shree Tea (a BK Birla Group company) witnessed a growth in income from its major verticals like tea, chemicals and fertilisers and sugar.
However, among the various segments, only tea business saw a profit of Rs 60 crore during the period.
Losses in the chemicals and fertilisers segment were reduced to Rs 26 lakh (for September 2014) from Rs 4.25 crore in the year-ago period.
Sugar business too reported a loss of approximately Rs 9 crore.
Shares of Jay Shree Tea closed at Rs 95.75, up by 3.35 per cent, on the BSE on Monday.
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