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jost's engineering co ltd (505750) Details

Jost’s Engineering Company Limited engages in the manufacture and sale of material handling equipment and engineered products in India. Its Material Handling division offers platform and tow trucks, hand and electric pallet trucks, stackers, racks/racking systems, electric forklifts, reach trucks, order pickers, rough terrain forklifts, side loaders, scissor and boom lifts, dock levelers, telescopic handlers, pneumatic sample transfer systems, and special application products. This division also provides application engineering, design and development, annual and comprehensive maintenance contract, battery maintenance, spares backup, operators training, safety audit, and overhauling and refurbishment services. Its Engineered Products division offers sound and vibration, environment simulation, process instruments, components, electrical, and nanotechnology and analytical solutions. This division also provides specialized engineering, annual maintenance contract, and repair services. Jost’s Engineering Company Limited serves power, oil and gas, defense, aerospace and space, automobile, and other critical sectors. The company was formerly known as Jost’s Fan Supply and Engineering Company Limited and changed its name to Jost’s Engineering Company Limited in 1913. Jost’s Engineering Company Limited was founded in 1907 and is headquartered in Mumbai, India.

296 Employees
Last Reported Date: 05/27/15
Founded in 1907

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jost's engineering co ltd (505750) Key Developments

Josts Engineering Company Ltd Reports Unaudited Standalone Financial Results for the Third Quarter and Nine Months Ended December 31, 2015

Josts Engineering Company Ltd. announced unaudited standalone financial results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of INR 205.460 million against INR 167.673 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 4.887 million compared to profit from operations before other income, finance costs and exceptional items of INR 1.885 million a year ago. Loss from ordinary activities before tax was INR 6.772 million against profit from ordinary activities before tax of INR 1.340 million a year ago. Net loss for the period was INR 6.772 million or INR 8.86 per diluted share against net profit for the period of INR 1.340 million or INR 1.75 per diluted share a year ago. For the nine months, the company reported net sales of INR 557.525 million against INR 452.781 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 9.620 million compared to profit from operations before other income, finance costs and exceptional items of INR 0.162 million a year ago. Loss from ordinary activities before tax was INR 12.131 million against INR 0.766 million a year ago. Net loss for the period was INR 12.131 million or INR 15.86 per diluted share against INR 0.766 million or INR 1.00 per diluted share a year ago.

Josts Engineering Company Ltd, Board Meeting, Jan 28, 2016

Josts Engineering Company Ltd, Board Meeting, Jan 28, 2016. Agenda: To approve unaudited standalone financial results for the third quarter and nine months ended December 31, 2015.

Josts Engineering Company Ltd Announces Board Changes

Josts Engineering Company Ltd. has announced that Mr. B. H. Reporter has resigned as a Director and Chairman of the board of directors of the company, with effect from November 09, 2015. Mr. Jai Prakash Agarwal has been appointed as the Chairman of the board of directors of the company, with effect from November 09, 2015.

 

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