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 Corporate - Financial Performance
Corporate Results - Real Estate & Construction
4-fold rise in Jaiprakash Associates net

New Delhi, Oct. 23

Cost cutting helped Jaiprakash Associates Ltd report a more than four-fold increase in its net profit for the quarter ended September 2009 to Rs 870 crore (Rs 203 crore). Net sales rose 60 per cent to Rs 1,888 crore (Rs 1,182 crore). The company's half yearly net profit was Rs 1,361 crore (Rs 328 crore). Total income stood at Rs 4,029 crore (Rs 2,493 crore), an increase of 62 per cent. - Our Bureau

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