Jaiprakash Associates’ Q1 net dips 25%

Jaiprakash Associates has reported results for first quarter ended June 30, 2012.

The company has reported a fall of 24.57% in its net profit at Rs 138.84 crore for the quarter under review as compared to Rs 184.06 crore for the same quarter in the previous year. However, the total income of the company has increased marginally by 3.31% at Rs 3036.67 crore for Q1FY13 as compared Rs 2939.45 crore for the corresponding quarter previous year.