Jaiprakash Associates has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a net loss of Rs 1387.3 crore for the quarter ended March 31, 2016 as compared to net loss of Rs 858.07 crore for the same quarter in the previous year. Total income of the company has decreased by 26.47% at Rs 1914.01 crore for quarter under review as compared to Rs 2603.16 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a net loss of Rs 3239.90 crore as compared to net loss of Rs 1278.74 crore for the same period in the previous year. Total income of company decreased 21.02% at Rs 8835 crore for year under review as compared to Rs 11185.73 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted a net loss of Rs 3345 crore as compared to net loss of Rs 1735.1 crore for the same period in the previous year. Total income of company has decreased by 12.14% at Rs 17406.94 crore for year under review as compared to Rs 19811.69 crore for the period ended March 31, 2015.
