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Jaypee Infratech reports 35% fall in Q3 net profit

03 Feb 2014

Jaypee Infratech has reported results for third quarter ended December 31, 2013.

The company has reported 34.74% fall in its net profit at Rs 101.18 crore for the quarter as compared to Rs 155.06 crore for the same quarter in the previous year. However, total income of the company has increased by 5.60% at Rs 988.22 crore for quarter under review as compared to Rs 935.83 crore for the quarter ended December 31, 2012.

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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