JPVL posts Rs 2.27 crore Q4 loss versus Rs 215 crore profit a year ago
Jaiprakash Power Ventures Ltd (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses.
 "Q4 results: Early birds disappoint; combined net of 104 firms down 0.5%")
Total revenue, however, increased to Rs 1,531.90 crore in the quarter from Rs 1,063.13 crore in the year-ago period.
Jaiprakash Power Ventures Ltd (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses.
The company had clocked a profit of Rs 215.32 crore in the same period of FY21, it said in a regulatory filing.
Total revenue, however, increased to Rs 1,531.90 crore in the quarter from Rs 1,063.13 crore in the year-ago period.
The company's expenses jumped to Rs 1,393.03 crore, from Rs 938.23 crore earlier.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: May 27 2022 | 7:59 PM IST