Jaiprakash Power Ventures

Jaiprakash Power Ventures on Saturday reported a 26.7 per cent decline in its consolidated net profit to Rs 126.68 crore in the December quarter compared to a year ago due to lower revenues. The company had a net profit of Rs 172.85 crore in the third quarter ended on December 31, 2023, according to a regulatory filing. Total income declined to Rs 1,256.63 crore in the October-December quarter against Rs 2,213.68 crore in the year-ago period.

Markets regulator Sebi on Friday imposed a penalty totalling Rs 54 lakh on Jaiprakash Power Ventures, its MD and CEO Suren Jain and other top officials for misrepresenting the company's financial statements. Others who have been penalised by Sebi are company's chairperson Manoj Gaur, executive directors -- Sunil Kumar Sharma and Praveen Kumar Singh -- chief financial officer R K Porwal and former whole-time member M K V Rama Rao. They have been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its 89-page order. This came after the regulator conducted an investigation in the matter of Jaiprakash Power Ventures Ltd (JPVL), a part of the Jaypee Group of companies, to ascertain the possible violations of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) and LODR (Listing Obligations and Disclosure Requirements) rules. In its probe, Sebi found that the company overstated its books of accounts by not adopting the correct ...

Jaiprakash Power Ventures Ltd on Saturday reported a three-fold rise in its consolidated profit after tax (PAT) to Rs 182.66 crore for the July-September quarter of 2024-25 on account of lower expenses. It had posted a PAT of Rs 68.66 crore in the July-September period of 2023-24, the company said in an exchange filing. Total income decreased to Rs 1,305.19 crore in the second quarter from Rs 1,359.23 crore a year ago. The company reduced its expenses to Rs 1,070.76 crore from Rs 1,172.02 crore in the same quarter a year ago.

Jaiprakash Power Ventures Ltd (JPVL) on Monday posted a consolidated net profit of Rs 172.85 crore in the December quarter compared to the year-ago period. The company had suffered a loss of Rs 217.97 crore in the quarter that ended on December 31, 2022, a BSE filing stated. Total income rose to Rs 2,213.68 crore in the quarter from Rs 1,206.06 crore in the same period a year ago.

Jaiprakash Power Ventures Ltd's consolidated net profit witnessed a nearly nine per cent year-on-year decline to Rs 68.66 crore in the quarter ended September 30, 2023. The consolidated net profit of the company was Rs 75.42 crore in the quarter ended September 30, 2022, the company said in a regulatory filing. Total income also declined to Rs 1,359.23 crore in the quarter, from 1,501.33 crore in the same period a year ago.

Jaiprakash Power Ventures Ltd (JPVL) consolidated net profit fell over 20 per cent to Rs 191.65 crore in the June 2023 quarter, mainly due to lower revenues. The consolidated net profit of the company was Rs 241.96 crore in the quarter ended June 30, 2022, a BSE filing showed. Its total income declined to Rs 1,714.75 crore in the quarter from Rs 1,829.35 crore in the same period a year ago.

Deal will give buyer entry into high-growth markets of UP and MP, may turn the firm into a net debt company from almost debt free now

Jaiprakash Power Ventures Limited (JPVL) on Saturday posted a consolidated net profit of Rs 75.42 crore in the September quarter. The company had reported a consolidated net loss of Rs 1.42 crore in the quarter ended on September 30, 2021, a BSE filing showed. Total income of the company rose to Rs 1,501.33 crore in the quarter from Rs 948.48 crore in the same period a year ago.

The acquisition will be made by one of the cement units recently acquired by Asia's richest person, the people said, adding an announcement was expected as early as this week

YES Bank's shareholders have approved a proposal for raising Rs 10,000 crore capital

JP Power availed this loan as an advance payment for the proposed sale of its power unit to JSW Energy in 2016. The deal, however, was later called off

Under the pact, an amount of Rs 351.77 crore will be converted into equity shares of JPVL with a face value of Rs 10 each and Rs 280 crore will be written off, JSW Energy said in a BSE filing

For the year ended March 31, the company reported a consolidated net loss of Rs 16.90 billion as compared with Rs 12.93 billion in the 2016-17 period