Jaiprakash Associates Reports Rs 476 Crore Net Loss in Q3
Jan 30, 2024 19:41
Jaiprakash Associates' net loss widened to Rs 476.12 crore in the third quarter of FY2023, compared to Rs 314.51 crore in the same period last year.
New Delhi, Jan 30 (PTI) Jaiprakash Associates on Tuesday reported a consolidated net loss of Rs 476.12 crore in the third quarter of this fiscal year.
Its net loss stood at Rs 314.51 crore in the year-ago period.
Total income declined to Rs 1,558.58 crore during the October-December period of this fiscal year from Rs 1,933.11 crore in the corresponding period of the previous year, according to a regulatory filing.
Jaiprakash Associates is into construction, cement, real estate and hospitality businesses, among others.
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