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Jain Irrigation tanks over 10% post disappointing Q1 numbers

By Religare
|

Shares of Jain Irrigation Ltd fell as much as 10.5 per cent in the morning trade on BSE after the company said its net loss widened to Rs 60.33 crore during the first quarter ended June 2013 as compared to net loss of Rs 48.74 crore during the year ago period.

At 10:30 hours, shares of the company were trading at Rs 49.50 a piece, down 8.67 per cent from previous close on BSE.

 

The total income of the company was however up at Rs 1409.44 crore during Q1 FY'14 from Rs 1,263.74 crore in the same period last year.

Read more about: jain irrigation systems
Story first published: Friday, August 16, 2013, 12:21 [IST]
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