Jaiprakash Associates’s total income for the June quarter stood at Rs2,602.9 crore, against Rs1,836.61 crore in the year-ago period. New Delhi: Jaiprakash Associates Ltd on Saturday reported a standalone net profit of Rs764.99 crore in the quarter ended June, on higher income and lower expenses incurred during the period. The company had reported a loss of Rs602.95 crore in the corresponding quarter of the previous year. Its total income for the April-June period stood at Rs2,602.9 crore, against Rs1,836.61 crore in the year-ago period. Jaiprakash Associates is into verticals like cement, real estate, hospitality, power etc.

Source: Mint August 05, 2017 16:52 UTC