Jaypee Infratech has reported results for second quarter ended September 30, 2016.
The company has reported a net loss of Rs 131.77 crore for the quarter ended September 30, 2016 as compared to net loss of Rs 169.14 crore for the same quarter in the previous year. The company’s total income has decreased by 44.98% to Rs 187.20 crore for the quarter under review from Rs 340.21 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.
