Jaiprakash Power Ventures has reported results for first quarter ended June 30, 2014.
The company has repotted a fall of 25.54% in its net profit at Rs 69.15 crore as compared to Rs 92.87 crore for the quarter ended June 30, 2013. However, the company’s total income has increased marginally by 0.90% to Rs 798.16 crore for the quarter under review from Rs 791.04 crore for the corresponding quarter of the previous year.
Jaiprakash Power Ventures is part of India’s leading Infrastructure conglomerate - Jaypee Group. Currently the company operates the largest hydroelectric power plant in the private sector in India. Its power projects which are in different stages of implementation include Hydro, Thermal and Transmission.
