January 17, 2018 / 7:49 AM / 8 months ago

BRIEF-India's Jyothy Laboratories Sept-Qtr Consol Net Profit Rises About 59 Pct

Jan 17 (Reuters) - Jyothy Laboratories Ltd:

* SEPT QUARTER CONSOL NET PROFIT 329.2 MILLION RUPEES VERSUS PROFIT OF 206.6 MILLION RUPEES LAST YEAR

* SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 4.31 BILLION RUPEES VERSUS 3.98 BILLION RUPEES LAST YEAR

* SAYS APPROVED BORROWING VIA LOAN FROM BANK/FINANCIAL INSTITUTION TO EXTENT OF 2 BILLION RUPEES INSTEAD OF 4 BILLION RUPEES

* APPROVED REDEMPTION OF 50 PERCENT OF PRINCIPAL AMOUNT OF EACH NCDS WORTH 2 BILLION RUPEES ‍​

* APPROVED REDUCTION OF EXISTING COUPON RATES ON BALANCE 50 PERCENT OF PRINCIPAL AMOUNT OF EACH NCDS WORTH 2 BILLION RUPEES Source text: bit.ly/2FH1Kbw Further company coverage:

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