Jai Balaji Industries's Q2 net profit declined 24% to Rs 153.16 crore due to deferred tax provision. The company also proposes a stock split to boost liquidity.
Post-tax profit of Jai Balaji Industries, manufacturer of ductile iron (DI) pipes, TMT bars, ferro alloys and sponge iron, declined 24.01 per cent at Rs 153.16 crore during the second quarter ending ...