Jaiprakash Power Ventures was locked in an upper circuit at 5% to Rs 19.04 after the company’s consolidated net profit stood at Rs 588.79 crore in Q4 FY24 as against a net loss of Rs 43.99 crore recorded in Q4 FY23.
Revenue from operations increased 9.78% to Rs 1,514.83 crore in March 2024 quarter from 1379.88 crore posted in corresponding quarter previous year.
The firms profit before tax and exceptional item stood at Rs 850.58 crore in fourth quarter of FY24 as against loss before tax and exceptional item of Rs 19.36 crore reported in Q4 FY23.
