Jaypee Infratech posts Rs 20 cr loss for Oct-Dec quarter

Jaypee Infratech today reported a standalone net loss of Rs 20.69 crore for the quarter ended December 31, 2015 against a net profit of Rs 96.89 crore in the year-ago period.
Total income from operations during the quarter declined to Rs 752.21 crore from Rs 863.19 crore in the year-ago period, the company said in a filing to BSE.
The standalone result of the comapny comprises only one segment i.E Yamuna Expressway Project, an integreted project which interlia includes construction, operation and maintenance of the Yamuna Expressway and rights for land development of 25 million sq mtrs along the expressway.

Shares of the company closed at Rs 9.43 apiece on BSE, down 4.94 per cent from the previous close.