Latest News | Jaiprakash Associates Net Loss Widens to Rs 476 Crore in October-December

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.

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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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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)