Jaypee Infratech has reported results for first quarter ended June 30, 2016.
The company has posted a net loss of Rs 35.67 crore for the quarter ended June 30, 2016 as compared to a net profit of Rs 20.86 crore for the same quarter in the previous year. However, the company’s total income more than doubled to Rs 1099.33 crore for the quarter under review from Rs 514.57 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.
