India's JTL Industries plunges on qrtly profit fall

JTL Industries

13/05/2024 09:25

** Shares of JTL Industries  JTLI.NS  down ~8% to 209.55
rupees, their steepest one-day pct decline since mid-March 
    ** The steel pipes maker posted a 19.4% drop in March-qtr
consol net profit; rev from ops fell 1.4% 
    ** Stock posted 4.8% loss in the previous week, after two
weeks of gains 
    ** Including session's losses, stock down ~12% so far this
year 



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))