Jaiprakash Associates reports 6.52% fall in Q4 net profit

31 May 2012

Jaiprakash Associates has reported results for fourth quarter and year ended March 31, 2012.

On the standalone basis, the company has posted a fall of 6.52% in its net profit at Rs 283.81 crore for the quarter ended March 31, 2012 as compared to Rs 303.61 crore for the same quarter in the previous year. However, total income has increased by 0.51% at Rs 4093.88 crore for quarter under review as compared to Rs 4073.17 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012 the company has posted a fall of 12.11% in its net profit at Rs 1026.38crore  as compared to Rs 1167.78 crore for the same period  in the previous year. Total income has decreased by 1.51% at Rs 13117.61 crore for year under review as compared to Rs 13318.71 crore for the period ended March 31, 2011.

For the full year ended March 31, 2012, on the consolidated basis, the company has posted a fall of 64.70 % in its net profit at Rs 632.92 crore as compared to Rs 1792.82 crore for the same period in the previous year. However, total income has increased by 30.01% at Rs 15120.49 crore for year under review as compared to Rs 11629.81 crore for the period ended March 31, 2011.

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