Jaiprakash Associates reports standalone net loss of Rs 78.70 crore in the March 2018 quarter

Sales decline 2.41% to Rs 1606.61 crore

Net Loss of Jaiprakash Associates reported to Rs 78.70 crore in the quarter ended March 2018 as against net loss of Rs 1882.40 crore during the previous quarter ended March 2017. Sales declined 2.41% to Rs 1606.61 crore in the quarter ended March 2018 as against Rs 1646.28 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 351.71 crore in the year ended March 2018 as against net loss of Rs 4361.57 crore during the previous year ended March 2017. Sales declined 2.74% to Rs 6049.04 crore in the year ended March 2018 as against Rs 6219.32 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1606.611646.28 -2 6049.046219.32 -3 OPM %7.90-9.57 -17.62-0.97 - PBDT21.59-993.11 LP 243.19-3486.91 LP PBT-76.32-1212.19 94 -263.56-4365.11 94 NP-78.70-1882.40 96 351.71-4361.57 LP

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