Jaiprakash Power Ventures Ltd (JPVL) on Monday posted a consolidated net profit of Rs 26.58 crore for June quarter 2020-21 mainly on the back of lower cost of material and operational expenses.
The company reported a net loss of Rs 95.52 crore for the quarter ended June 30, 2019, a regulatory filing said.
Total revenue during the quarter stood at Rs 700.14 crore, down from Rs 1,084.64 crore in the same period last year.
The company's operational expenses and cost of material