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Jaiprakash Power Ventures Ltd Q1FY24; 21% fall in Profits

Incorporated in 1994, Jaiprakash Power Ventures Limited (JPVL), a part of the Jaypee Group is engaged in the business of thermal and hydropower generation, coal mining, and cement grinding.

Financial Results:

  • Jaiprakash Power Ventures Ltd reported Revenues for Q1FY24 of ₹1,708.00 Crores down from ₹1,820.00 Crore year on year, a fall of 6.15%.
  • Total Expenses for Q1FY24 of ₹1,420.00 Crores down from ₹1,458.00 Crores year on year, a fall of 2.61%.
  • Consolidated Net Profit of ₹192.00 Crores down 20.66% from ₹242.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.28, down 20.00% from ₹0.35 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Power
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