BusinessPhoto: NDTV BusinessJaiprakash Power Q2 Net Profit Falls 81% on One-Time Loss
Jaiprakash Power Ventures reported a 5.1% year-on-year revenue increase to Rs 1,512 crore in Q2, but net profit fell 81.7% to Rs 33.34 crore due to a Rs 511 crore provision for a settlement with NARCL. Profit before exceptional items and tax rose nearly 79%, reflecting operational improvement despite the exceptional charge related to a corporate guarantee for Jaiprakash Associates' loans.
NDTV Business·


