Jaiprakash Associates has reported results for first quarter ended June 30, 2017.
The company has reported net profit of Rs 764.99 crore for the quarter under review as against net loss of Rs 602.95 crore for the same quarter in the previous year. Total income of the company increased by 41.72% at Rs 2602.9 crore for Q1FY18 as compared Rs 1836.61 crore for the corresponding quarter previous year.
Jaiprakash Associates is an India-based diversified infrastructure conglomerate. Its business sectors include engineering and construction; manufacturing and marketing of cement; energy (power and transmission); expressways; real estate, and hospitality.