MoneyWorks4Me

Jaypee Infratech reports 43% fall in Q1 net profit

28 Jul 2014 Evaluate

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.

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
View more..