Jaiprakash Associates posted a 38.9 per cent decline in its net profit at Rs 103.02 crore for the third quarted ended December 31, 2009.
The company had a net profit of Rs 168.62 crore in the corresponding quarter a year ago, Jaiprakash Associates said in a filing to the Bombay Stock Exchange (BSE).
The total income jumped 109% to Rs 2,963.83 crore in the third quarter from Rs 1,416.82 crore in the corresponding period a year-ago.
Shares of the company closed at Rs 163.25, down 0.8 per cent on the BSE today.
