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Jaypee Infratech reports 12% rise in Q2 net profit

10 Nov 2014 Evaluate

Jaypee Infratech has reported results for second quarter ended September 30, 2014.

The company has registered 11.67% rise in its net profit at Rs 115.90 crore for the quarter under review as compared to Rs 103.78 crore for the same quarter in the previous year. Total income of the company has increased 6.94% at Rs 857.41 crore for Q2FY15 as compared Rs 801.76 crore for the corresponding quarter 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.

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