Jaypee Infratech has reported results for third quarter ended December 31, 2015.
The company has reported a net loss of Rs 20.69 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 96.89 crore for the same quarter in the previous year. The company’s total income has decreased by 12.79% to Rs 755.80 crore for the quarter under review from Rs 866.61 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.
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