Jaypee Infratech has reported results for first quarter ended June 30, 2014.
The company’s net profit for the quarter declined by 43.26% at Rs 45.96 crore as compared to Rs 81.01 crore for the quarter ended June 30, 2013. The company’s total income has decreased by 8.65% to Rs 709.39 crore for the quarter under review from Rs 776.58 crore for the corresponding quarter of the previous year.
Jaypee Infratech incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra.
