Jaiprakash Associates has reported a fall of 79.3% (YoY) in profits for the first quarter of FY12. During the period, net profit of the company declined to Rs 107 crore as against Rs 516 crore in the corresponding quarter last fiscal.
Net sales too slipped to Rs 3,142 crore from Rs 3,174 crore year-on-year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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