Latest News | JPVL Posts Rs 2.27 Cr Loss in Jan-Mar Qtr
Get latest articles and stories on Latest News at LatestLY. Jaiprakash Power Ventures Ltd (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses.
New Delhi, May 27 (PTI) Jaiprakash Power Ventures Ltd (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses.
The company had clocked a profit of Rs 215.32 crore in the same period of FY21, it said in a regulatory filing.
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Total revenue, however, increased to Rs 1,531.90 crore in the quarter from Rs 1,063.13 crore in the year-ago period.
The company's expenses jumped to Rs 1,393.03 crore, from Rs 938.23 crore earlier.
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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)