Jaiprakash Power Q1 results: Profit at Rs 27 crore

New Delhi: Jaiprakash Power NSE 2.63 % Ventures Ltd (JPVL) on Monday posted a consolidated net profit of Rs 26.58 crore for June quarter 2020-21 mainly on the back of lower cost of material and operational expenses.

The company reported a net loss of Rs 95.52 crore for the quarter ended June 30, 2019, a regulatory filing said.

Total revenue during the quarter stood at Rs 700.14 crore, down from Rs 1,084.64 crore in the same period last year.

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