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JPVL Posts Rs 2.27 Cr Q4 Loss Versus Rs 215 Cr Profit A Year Ago

Jaiprakash Power Ventures Ltd (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses

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Jaiprakash Power Ventures (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses.

The company had clocked a profit of Rs 215.32 crore in the same period of FY21, it said in a regulatory filing.

Total revenue, however, increased to Rs 1,531.90 crore in the quarter from Rs 1,063.13 crore in the year-ago period.

The company's expenses jumped to Rs 1,393.03 crore, from Rs 938.23 crore earlier.

(PTI)


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jaiprakash power ventures