Jaypee Infratech has reported results for second quarter ended September 30, 2015.
The company has reported a net loss of Rs 159.57 crore for the quarter ended September 30, 2015 as compared to a net profit of Rs 115.90 crore for the same quarter in the previous year. The company’s total income has decreased by 60.39% to Rs 339.64 crore for the quarter under review from Rs 857.41 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.
