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Jaypee Infratech reports 60% fall in Q3 net profit

11 Feb 2013 Evaluate

Jaypee Infratech has reported results for third quarter ended December 31, 2012.

The company has reported 60.45% fall in its net profit at Rs 155.06 crore for the quarter as compared to Rs 392.07 crore for the same quarter in the previous year. However, total income of the company has increased by 3.29% at Rs 935.83 crore for quarter under review as compared to Rs 905.98 crore for the quarter ended December 31, 2011.

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.

Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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