Jaiprakash Associates has reported results for second quarter ended September 30, 2016.
The company has reported a net loss of Rs 781.20 crore for the quarter under review as compared to a net loss of Rs 547.22 crore for the same quarter in the previous year. Total income of the company decreased by 43.87% at Rs 1437.09 crore for the quarter under review as compared Rs 2560.34 crore for the corresponding quarter previous year.
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.