New Delhi - Jaiprakash Power Ventures (JPVL) Saturday posted a 163 percent increase in net profit at Rs.182.96 for the quarter ended June 30 against Rs.69.56 during the like period of the previous financial year.
The total revenue stood at Rs.545.35 crore for the quarter under review, up 98 percent as compared to Rs.275.32 crore during an year-ago period, the company said in a statement.
The results were announced here Saturday after the company’s board meeting.
JPVL is the designated power vehicle of the Jaypee Group, which was incorporated with the objective of development and operation of power projects in India.
"I am glad to announce that first unit of 250 MW of Bina Thermal Power Plant is expected to be commissioned by the end of July, and with this the operational production capacity of JPVL will become 1,950 MW, including 1,700 MW of hydroelectric power," said Manoj Gaur, JPVL chairman.
| Other Articles: |
 |
'Inter-dependence, not independence, is geopolitical mantra' (22nd Jul, 2012) |
|
Maruti announces indefinite lockout at Manesar plant (21st Jul, 2012) |
|
Widespread rains in Andhra revive farmers' hopes (21st Jul, 2012) |
|
EGoM's reserve price revision still high: GSMA (21st Jul, 2012) |
|
Canada's Consumer Price Index rises (21st Jul, 2012) |
|
Nasdaq to release compensation plan for Facebook IPO fiasco (21st Jul, 2012) |
|
India fails to strike oil trade deal as Pakistan asks Delhi to float tenders (21st Jul, 2012) |
|
Penguin Books moves into self-publishing industry (21st Jul, 2012) |
|
Google buys email management software provider (21st Jul, 2012) |
|
Heineken announces $4.1 bn bid for Singapore brewer (21st Jul, 2012) |
|
Britain's public sector borrowing rises (21st Jul, 2012) |
|
US petroleum demand falls (21st Jul, 2012) |
|
De Beers to reduce diamond production (21st Jul, 2012) |
|
Three die in Pakistan bombing (21st Jul, 2012) |
|
India to share 10 percent of Forevermark global sales (21st Jul, 2012) |
|
Brazil threatens Spanish firm with $10 mn fine (21st Jul, 2012) |
|
Chinese airlines suffer losses in 2012 (21st Jul, 2012) |
|
Chinese airlines suffer losses in 2012 (21st Jul, 2012) |
|
`Cuba's water treatment system needs to be fixed' (21st Jul, 2012) |
|
US senators seek expanded defence trade with India (21st Jul, 2012) |
|
Brazilian oil giant announces contracts worth $4.5 bn (21st Jul, 2012) |
|
China to build 80 small airports (21st Jul, 2012) |
|
Maruti Suzuki workers brutally hunted company brass (21st Jul, 2012) |
|
Kerala woos prospective investors from Karnataka (21st Jul, 2012) |
|
LED bulbs to sell cheap in Delhi (21st Jul, 2012) |
|
Jobs |
Blog |
Yellow Pages |
Games |
Jokes |
Chat |
e-Cards |
Astrology |
Articles |
Recipes |
Send Gifts
Today : Wednesday - Jun 19, 2013, 01:35pm (GMT+5.5)
