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Jaiprakash Power Ventures turns black in Q2

25 Oct 2022 Evaluate

Jaiprakash Power Ventures reported results for second quarter ended September 30, 2022.

The company has reported net profit of Rs 75.38 crore for Q2FY23 as against net loss of Rs 0.65 crore for the corresponding quarter previous year. Total income of the company increased by 58.29% to Rs 1,501.28 crore for Q2FY23 as compared to Rs 948.45 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported net profit of Rs 75.42 crore for Q2FY23 as against net loss of Rs 1.42 crore for the corresponding quarter previous year. Total income of the company increased by 58.29% to Rs 1,501.33 crore for Q2FY23 as compared to Rs 948.48 crore for the same quarter in the previous year.

Peers
Company Name CMP
NTPC 325.05
Tata Power 363.70
Adani Power 199.90
Power Grid Corpn. 266.25
Adani Energy Solut. 1342.10
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