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Jaiprakash Power Ventures reports net loss of Rs 153.05 crore in Q3

04 Feb 2014 Evaluate

Jaiprakash Power Ventures has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 153.05 crore for the quarter as compared to net loss of Rs 97.58 crore for the same quarter in the previous year. However, total income of the company has increased by 17.23% at Rs 513.83 crore for quarter under review as compared to Rs 438.31 crore for the quarter ended December 31, 2012.

The results under review are in respect of 300 MW Jaypee Baspa II H.E. Plant, 400 MW Jaypee Vishnuprayag H.E. Plant, 1000 MW Jaypee Karcham Wangtoo H.E. Plant and 500 MW Jaypee Bina Thermal Power Plant. The corresponding figures of the quarter/period in the previous year are only for 300 MW Baspa II H.E. Plant, 400 MW Jaypee Vishnuprayag H.E. Plant and 1000 MW Jaypee Karcham Wangtoo H.E. Plant and 250 MW Jaypee Bina Thermal Power Plant and hence not comparable. Previous quarter/year figures have been regrouped / reclassified wherever necessary.

JP Power Ventures Share Price

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