JP Associates trades in fine fettle despite reporting 7% drop in Q4FY12 net profit

31 May 2012

Jaiprakash Associates 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.

Jaiprakash Associates is currently trading at Rs 60.70, up by 0.55 points or 0.91% from its previous closing of Rs 60.15 on the BSE.

The scrip opened at Rs 59.00 and has touched a high and low of Rs 60.85 and Rs 59.00 respectively. So far 407704 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 88.90 on 03-Apr-2012 and a 52 week low of Rs 50.45 on 09-Jan-2012.

Last one week high and low of the scrip stood at Rs 62.95 and Rs 59.00 respectively. The current market cap of the company is Rs 12896.82 crore.

The promoters holding in the company stood at 46.76% while Institutions and Non-Institutions held 33.46% and 19.79% respectively.

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.

Related Jaiprakash Associates Ltd. Links:

JP Associate Share Price

8.12 0.06 (0.74%) May 12, 18:01
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 6392.25
ACC 1883.30
Shree Cement 26842.80
Ambuja Cement 309.00
Dalmia Bharat 1699.50
View more..
Sensex vs JP Associate
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback