Latest News | Jaiprakash Associates Posts Rs 332.68 Cr Net Loss for Jun Quarter

New Delhi, Aug 5 (PTI) Diversified group Jaiprakash Associates Ltd on Wednesday reported a consolidated net loss of Rs 332.68 crore for the quarter ended June, on lower income amid the COVID-19 pandemic.

Its net loss had stood at Rs 574.62 crore in the year-ago quarter.

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Total income declined to Rs 1,140.99 crore for the first quarter of the current financial year, from Rs 1,778.91 crore a year ago.

Jaiprakash Associates is into cement, construction, power, hotels, healthcare, sports event and fertiliser businesses.

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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)