JB Chemicals & Pharmaceuticals Q1 net up 8% at Rs 34.28 crore

NEW DELHI: JB Chemicals & Pharmaceuticals has reported a 7.83 per cent rise in its standalone net profit to Rs 34.28 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 31.79 crore for the corresponding period of the previous fiscal, JB Chemicals & Pharmaceuticals said in a filing to BSE.

Standalone net sales of the company also rose to Rs 279.14 crore for the quarter under consideration as against Rs 256.71 crore for the year-ago period.

Shares of JB Chemicals & Pharmaceuticals today closed at Rs 290 per scrip on BSE, down 1.23 per cent from its previous close.