Jaiprakash Power Ventures has reported results for third quarter ended December 31, 2011.
The company has reported a surge of 161.40% in its net profit of Rs 59.52 crore for the quarter ended December 31, 2011 as compared to Rs 22.77 crore for the same quarter in the previous year. Total income has increased by 130.52% from Rs 181.20 crore for Q3FY11 to Rs 417.70 crore in the quarter under review.
The above results under review are in respect of 300 MW Jaypee Baspa II H.E. Plant, 400 MW Jaypee Vishnuprayag H.E. Plant and 1000 MW Jaypee Karcham Wangtoo H.E. Plant. The corresponding figures of the quarter/nine months period in the previous year are only for 300 MW Jaypee Baspa H.E. Plant and 400 MW Jaypee Vishnuprayag H.E. Plant and hence not comparable. Previous year / period figures have been regrouped / reclassified wherever necessary and are on standalone basis.
