Reacting to this, shares of the company plunged 9.49 per cent to Rs 14.30 at the BSE.
On the NSE, it plummeted 9.49 per cent to Rs 14.30.
Jaypee Infratech yesterday reported 43.23 per cent drop in standalone net profit to Rs 26.09 crore for the quarter ended June 30, 2015.
The company's net profit in the corresponding quarter of the previous fiscal was Rs 45.96 crore, Jaypee Infratech had said in a regulatory filing.
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