Jaiprakash Power Ventures Ltd has posted a net profit of Rs 22.77 crore, for the quarter ended December 31, 2010, up 35.05 per cent over the corresponding quarter the previous year. The Company has registered a net of Rs 16.86 crore last year.
The firm's total income rose from Rs 119.03 crore for the quarter ended December 31, 2009 to Rs 181.3 crore for the quarter under review.
Shares of the firm had closed down 1.66 per cent, at Rs 50.45 on the Bombat Stock Exchange on Friday.