Jaiprakash Associates, an engineering, construction and cement manufacturer, posted a net profit of Rs 165.51 crore in the third quarter ended December 31, 2008.
This is a 6.23 per cent increase from the Rs 155.80 crore recorded during the comparable period of previous financial year, the company informed the Bombay Stock Exchange today.
The company’s total income for the quarter under review rose to Rs 1,447.12 crore, as against Rs 1,001.57 recorded during the same period a year ago.