Jaiprakash Power Second Quarter Net Loss Narrows To Rs 41.8 Crore


Jaiprakash Power Second Quarter Net Loss Narrows To Rs 41.8 Crore

Debt-ridden power firm Jaiprakash Power Ventures Saturday reported narrowing of its standalone net loss to Rs 41.86 crore during the second quarter ended September 2018. The company had a net loss of 156.55 crore in the same period a year ago.

Total revenue increased by about 6 per cent to Rs 998.88 crore during the reported quarter from Rs 941.09 crore in the corresponding period of 2017-18.

The company at the end of the reported quarter had aggregate power generation capacity of 2,220 MW, comprising hydro (400 MW) and thermal (1,820 MW). Read more

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