Jaypee Infratech’s Q1 FY13 net profit dips by 12%

01 Aug 2012

Jaypee Infratech has reported results for the first quarter ended June 30, 2012.

The company’s net profit declined by 11.71% at Rs 209.94 crore for the quarter under review as compared to Rs 237.78 crore for the quarter ended June 30, 2011. However, the company’s total income has increased by 8.89% to Rs 679.05 crore for Q1FY13 from Rs 623.63 crore for the similar 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.

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