New Delhi, Feb 11 (PTI) Jaypee Infratech on Thursday reported a consolidated net loss of Rs 472.36 crore for the quarter ended in December.

Its net loss stood at Rs 426.95 crore in the corresponding period of the previous year.

Total income fell to Rs 248.57 crore in the third quarter of this financial year from Rs 304.90 crore in the corresponding period of the previous year.

In March last year, state-owned NBCC got approval from the NCLT to acquire debt-laden Jaypee Infratech through an insolvency process and complete around 20,000 pending flats.

(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)