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NOV 05 2018

Jaiprakash Power second quarter net loss narrows to Rs 41.8 crore

  • Economic Times, ET Bureau / Hyderabad
  • Created: Mon 05th NOV 2018

 

Debt-ridden power firm Jaiprakash Power Ventures Saturday reported narrowing of its standalone net loss to Rs 41.86 crore during the second quarter ended September 2018. The company had a net loss of 156.55 crore in the same period a year ago.

 

Total revenue increased by about 6 per cent to Rs 998.88 crore during the reported quarter from Rs 941.09 crore in the corresponding period of 2017-18.

 

The company at the end of the reported quarter had aggregate power generation capacity of 2,220 MW, comprising hydro (400 MW) and thermal (1,820 MW).

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