Jaypee Infratech has reported results for first quarter ended June 30, 2015.
The company has reported a fall of 43.23% in its net profit at Rs 26.09 crore for the quarter ended June 30, 2015 as compared to Rs 45.96 crore for the same quarter in the previous year. The company’s total income has decreased by 27.47% to Rs 514.49 crore for the quarter under review, from Rs 709.39 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.
