Jaypee Infratech Limited (JIL) has reported a phenomenal increase in net profit for the period Q4 (ending Mar 2012). During the said quarter, net profit rises 39.69% to Rs 349.35 crore as compared to Rs 250.05 crore of Q4 (ending Mar 2011) of previous year(FY11). Jaypee Infratech Limited (JIL) incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. The company shall also undertake the ribbon development on 6175 acres at five locations along the expressway for commercial, industrial, institutional, residential and amusement purposes.
The company (JIL) in a filing to the Bombay Stock Exchange said that the company's operational revenues increased to Rs 920.5 crore in quarter Q4 (ending Mar 2012) as compared to the last years same quarter Q4 (ending Mar 2011) which was Rs 714.89 crore.Share’s Data :-
BSE Code : 533207
Mkt. Cap : Rs 8,201.45 Crores
Jaypee Infratech Ltd share’s CMP is Rs 59.05 on 11th July 2012.
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