Jaiprakash Associates` net up over 3-fold to Rs 491 cr in Q1

Last Updated: Saturday, July 25, 2009 - 20:26

Engineering and construction major
Jaiprakash Associates on Saturday announced a net profit of Rs
491.18 crore in the first quarter ended June 30, 2009, up more
than 3-fold over the corresponding period a year ago.

It had net profit of Rs 125.21 crore in the same period
last fiscal, Jaiprakash Associates said in a filing to the
Bombay Stock Exchange.

Total income of the company increased to Rs 2,116.86
crore for the quarter under review from Rs 1,194.43 for the
same period previous fiscal.

Shares of the company closed on Friday at Rs 241.50, up
5.16 percent from the previous close on the BSE.

Bureau Report

First Published: Saturday, July 25, 2009 - 20:26

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