sector: Basic Materials ·
industry: Containers & Packaging ·
As of
3:51pm IST
203.60INR
JAI Corp Limited is an India-based company. The Company operates through six segments: steel, which includes manufacturing CR/GP/GC coils/ sheets at steel unit located at Nanded (Maharashtra); plastic processing, which includes manufacturing woven sacks/ fabrics at packaging units mainly located at Murbad (Maharashtra), Khadoli, Athal (Silvassa) and Daman; spinning, which includes manufacturing spinning yarn at its units located at Vasona, Masat (Silvassa) and Sarigam (Gujarat); real estate includes development of land and buildings; asset management includes investment advisory services and others includes non banking finance activities, trusteeship and infrastructure activities. Its subsidiaries include Jai Corp Finance & Holding Ltd., Jai Infraprojects Ltd., Jai Realty Ventures Ltd., Sarbags Pty Ltd and Urban Infrastructure Venture Capital Ltd. In October 2008, JAI Corp Limited acquired a 10% stake in Gokaldas Exports Limited.
BRIEF: For the fiscal year ended 31 March 2008, Jai Corp Limited's revenue increased 35% to RS4.66B. Net income applicable to common increased 91% to RS1.4B. Revenues reflect increased income from Plastic Processing business segments. Net income also reflects decreased selling & distribution expenses, lower rates and taxes, decreased provision for diminution in value of current investments and improved operating margins.
JAI Corporation Limited
807, Embassy Centre
Narimsn Point,
Mumbai 400 021
P: +9122.22817051
F: +9122.22875197