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Jaiprakash Associates Q1 FY12 Results : Net profit down by 25%

Author : Mohammad Khalid Siddiqui      Blog :Duncans Fertiliser      Date: 8/5/2012 11:39:00 AM



Noida based Jaiprakash Associates Limited (JPA) has posted a net profit but a decline in profit for the period Q1 (ending Jun 11) of the current fiscal (FY11-12). During the said quarter, net profit decreases 25% to Rs 138 crores in comparison to Rs 184 crores of Q1 (ending Jun 11) of previous year (FY11-12). Jaypee Group is a diversified infrastructural industrial conglomerate in India. Its founder is Jaiprakash Gaur, the self-made one of the richest person of India.

The company has informed the share market (BSE/NSE) that the total sales however incresed by 2.11% to Rs 2,963 crore in Q1 (ending Jun 2012) of the current fiscal (FY12-13) when compared with the same quarter Q1 (ending Jun 2011) of previous year (FY11-12). Total sales was Rs 2,902 crores in last year’s quarter Q1.
 
Share’s Data :-
BSE Code : 532532
Mkt. Cap : Rs 15,597.14 Crores
Jaiprakash Associates Ltd. share’s CMP is Rs 73.35 on 3rd Aug 2012.

Stay tuned to Fertilizer News Blog for more news on Jaiprakash Associates Limited (JPA) !

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