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May 24, 2015 1:32 PM ET

Water Utilities

Company Overview of Jindal ITF Limited

Company Overview

Jindal ITF Limited is an infrastructure company that owns and operates businesses in water, waste water, and solid waste management; domestic transport and logistics; and transportation equipment fabrication. It also develops shipyards and manufactures wagons using aluminum and steel. The company was incorporated in 2007 and is based in New Delhi, India. Jindal ITF Limited operates as a subsidiary of Jindal Saw Ltd.

Jindal ITF Centre

28, Shivaji Marg

New Delhi,  110015

India

Founded in 2007

Phone:

91 11 4502 1983

Fax:

91 11 4502 1982

Key Executives for Jindal ITF Limited

Chief Financial Officer
Company Secretary
Assistant Vice President
Compensation as of Fiscal Year 2014.

Jindal ITF Limited Key Developments

Jindal ITF Limited Announces Unaudited Standalone Earnings Results for the Six Months and Full Year Ended March 31, 2015

Jindal ITF Limited announced unaudited standalone earnings results for the six months and full year ended March 31, 2015. For the six months, the standalone company reported net sales of INR 494.677 million against INR 287.097 million a year ago. Loss from operations before other income, finance expenses and exceptional items was INR 180.556 million against INR 281.803 million a year ago. Loss from ordinary activities before tax was INR 643.662 million against INR 625.702 million a year ago. Net profit was INR 280.358 million against loss of INR 625.702 million a year ago. Earnings per share were INR 1.79 against loss of INR 4.00 a year ago. For the full year, the standalone company reported net sales of INR 594.684 million against INR 287.097 million a year ago. Loss from operations before other income, finance expenses and exceptional items was INR 721.268 million against INR 292.707 million a year ago. Loss from ordinary activities before tax was INR 646.759 million against INR 748.509 million a year ago. Net loss was INR 646.759 million against INR 748.509 million a year ago. Loss per share was INR 4.14 against INR 4.79 a year ago.

Jindal ITF Limited, Board Meeting, May 07, 2015

Jindal ITF Limited, Board Meeting, May 07, 2015. Agenda: To consider unaudited standalone earnings results for the six months and full year ended March 31, 2015.

Jindal ITF Limited, Board Meeting, Mar 04, 2015

Jindal ITF Limited, Board Meeting, Mar 04, 2015. Agenda: To consider the internal restructuring of the operations of the company by way of a demerger and vesting of its infrastructure business undertaking into JITF Urban Infrastructure Services Limited, a wholly owned subsidiary of Jindal Saw Limited, and its waterways business undertaking into JITF Shipyards Limited, a wholly owned subsidiary of Jindal Saw Limited, by way of a court sanctioned composite scheme of arrangement under Sections 391-394; to consider the other applicable provisions of the Companies Act, 1956, as amended and/or Sections 230-233; and to consider other applicable provisions of the Companies Act, 2013, as amended amongst other matters.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 12, 2014
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