Jaiprakash Power Ventures clocks Q1 net loss of Rs 95.50 cr
Jaiprakash Power Ventures Ltd (JPVL) on Saturday reported a consolidated net loss of Rs 95.52 crore for the first quarter ended June 2019 as compared to a net profit of Rs 19.75 crore for the corresponding period a year ago.
Total income during the quarter was down 4.08 per cent to Rs 1,084.64 crore as against Rs 1,130.79 crore in the corresponding quarter of the previous fiscal.
Total expenses stood at Rs 1,242.65 crore as against Rs 1,161.15 crore.
JPVL’s revenue from power segment was at Rs 1,078.58 crore (Rs 1,114.49 crore), while revenue from coal was at Rs 103.95 crore (Rs 149.44 crore).
