Jaiprakash Associates has reported results for first quarter ended June 30, 2016.
The company has reported a net loss of Rs 602.95 crore for the quarter as compared to a net loss Rs 482.43 crore for the same quarter in the previous year. Total income of the company decreased by 27% at Rs 1747.76 crore for quarter under review as compared to Rs 2393.89 crore for the quarter ended June 30, 2015.
Jaiprakash Associates is an India-based diversified infrastructure conglomerate. JAL's business sectors include engineering and construction; manufacturing and marketing of cement; energy (power and transmission); expressways; real estate, and hospitality.