Jindal Saw  said a good increase in standalone net profit for the quarter ended December 2014.  During the quarter, the profit of the company rose 23.74% to Rs 619.20 million from Rs 500.40 million  in the same quarter last year.

Net sales for the quarter  rose marginally 3.97% to Rs 17,774.30 million, compared with Rs 17,096 million for the prior year period.

Earnings per share for the quarter stood at Rs 2.21, registering 22.10% growth over previous year period.

Quarterly Results - Standalone (Rs in mn)
As at	Dec - 14	Dec - 13	%Change
Net Sales	17,774.30	17,096.10	3.97
Net Profit	619.20	500.40	23.74
Basic EPS	2.21	1.81	22.10

Shares of the company gained Rs 4.75, or 5.58%, to trade at  Rs 89.85.  The total volume of shares traded  was  1,272,998 at the BSE (3.21 p.m., Tuesday).