Jindal Steel & Power Ltd. has registered net profit at Rs15.36bn for the financial year ended March 31, 2009 compared to Rs12.36bn in the corresponding quarter, which is an increase of 24%.
The net sales increased by 42% at Rs76.46bn as compared to Rs53.94bn for the financial year ended March 31, 2008.
The company has suggested final dividend 550% or Rs5.50 for each share of Re1 for the year. The company is planning to acquire coal mines in the US, Australia and Africa, according to reports.
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