New Delhi, May 2 (IANS) Jaiprakash Power Ventures Limited (JPVL) has reported a sharp fall of over 73 per cent in its net profit at Rs 155.67 crore for the March quarter (Q4 FY25), down from Rs 588.79 crore in the same period last fiscal, mainly due to lower income and rising expenses.
JPVL’s total income for the quarter dropped to Rs 1,366.67 crore from Rs 1,863.63 crore in the year-ago period.
Revenue from operations also declined by 11 per cent to Rs 1,340 crore, compared to Rs 1,514 crore in the corresponding quarter last year.
The company’s expenses surged to Rs 1,165.75 crore in the March 2025 quarter, up 15 per cent from Rs 1,013.05 crore a year earlier.
The fall in profit is also due to the absence of exceptional income this year. In the March 2024 quarter, the company had reported an exceptional gain of Rs 302.41 crore, which had boosted its bottom line then.
For the full financial year FY25, JPVL’s net profit fell 20 per cent to Rs 813.55 crore, compared to Rs 1,021.95 crore in FY24.
Around 1:10 pm, the shares of the company were trading at Rs 14.31, down by 1.58 per cent or Rs 0.23 on the National Stock Exchange (NSE) on Friday.
JPVL is part of the Jaypee Group and is engaged in the business of planning, developing, and operating power projects across India.
The company generates electricity through both thermal and hydro power sources and is also involved in coal mining and cement grinding.
Its major projects include the 400 MW Vishnuprayag Hydro Electric Plant in Uttarakhand and the 1320 MW Jaypee Nigrie Super Thermal Power Plant in Madhya Pradesh.
JPVL, incorporated on December 21, 1994, has several subsidiaries under its fold, such as Jaypee Powergrid Limited, Jaypee Arunachal Power Limited, and Jaypee Meghalaya Power Limited.
–IANS
pk/na
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
