Jaiprakash Power Ventures has reported results for the quarter ended September 30, 2011
The Company’s net profit for the quarter has zoomed by 222.66% at Rs 280.65 crore whereas the same was at Rs 86.98 crore for the September quarter of the year 2010. Company’s total income has surged by 137.42% at Rs 670.84 crore for Q2FY12 whereas the same was at Rs 282.55 crore for Q2FY11.
The company has reported its previous year/period figures have been regrouped / reclassified wherever necessary and hence are not comparable. The above results of the company for the quarter under review are in respect of 300 MW Jaypee Baspa II H.E. Plant, 400 MW Jaypee Vishnuprayag H.E. Plant and 1000 MW Jaypee Karcham Wangtoo H.E. Plant. Meanwhile, the corresponding figures of the quarter/half year in the previous year are only for 300 MW Jaypee Baspa H.E. Plant and 400 MW Jaypee Vishnuprayag H.E. Plant.
