Jaiprakash Associates Q1 standalone Net shoots to Rs 334 cr
Company had clocked a net profit of Rs 138.8 crore in the same period last fiscal
The company had clocked a net profit of Rs 138.8 crore in the same period last fiscal, the company said in a BSE filing.
The income from operations of the company for the reported period rose to Rs 3,314 crore, against Rs 3,008 crore in the year-ago period, the statement added.
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The company's net sales stood at Rs 3,283 crore, up from Rs 2,963 crore in the corresponding period of last fiscal.
The Noida-based firm has presence in various sectors, including cement, construction, power and real estate.
Shares of the company were trading at Rs 40.20 apiece on the afternoon trade, down 3.71% from their previous close on the BSE in late afternoon trade.