Jaiprakash Associates has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 1095.02 crore for the quarter under review as compared to a net loss of Rs 827.26 crore for the same quarter in the previous year. Total income of the company decreased by 22.28% at Rs 1648.87 crore for the quarter under review as compared Rs 2121.59 crore for the corresponding quarter previous year.
Jaiprakash Associates is an India-based diversified infrastructure conglomerate. JAL's business sectors include engineering and construction; manufacturing and marketing of cement; energy (power and transmission); expressways; real estate, and hospitality.