Jaiprakash Associates rose 3.15% to Rs 249.10 at 10:59 IST after net profit surged 292.3% to Rs 491.18 crore on a 78.3% increase in sales to Rs 2067.08 crore in Q1 June 2009 over Q1 June 2008.
(Versus the same period a year earlier, in billion rupees
unless stated)
Net profit 3.85 vs 2.10
Total Income 21.52 vs 13.45
NOTE: Jaiprakash Associates Ltd (JAIA.BO) is an engineering
and construction firm and also makes cement.
A Reuters survey of eight brokerages had forecast quarterly
net profit at 1.76 billion rupees on net sales of 14.8 billion
rupees.
(Reporting by Devidutta Tripathy in NEW DELHI)
(Versus the same period a year earlier, in billion rupees
unless stated)
Net profit 3.85 vs 2.10
Total Income 21.52 vs 13.45
NOTE: Jaiprakash Associates Ltd (JAIA.BO) is an engineering
and construction firm and also makes cement.
A Reuters survey of eight brokerages had forecast quarterly
net profit at 1.76 billion rupees on net sales of 14.8 billion
rupees.
(Reporting by Devidutta Tripathy in NEW DELHI)
