Jaypee Infratech Q3 net profit falls 60% to Rs 155 cr
The company, which operates Yamuna Expressway project, had clocked Rs 392.07 crore net profit in the same quarter of the last fiscal, it said in a BSE filing.
Net sales of the company grew to Rs 933.13 crore from Rs 902.68 crore a year ago.
However, finance costs also escalated to Rs 225.88 crore during the quarter under review from Rs 9.90 crore a year ago.
Higher expenses at Rs 516.10 crore from Rs 405.91 crore a year ago also impacted the bottomline.
The scrip of the company was trading at Rs 45.70 a share, down 0.44 per cent during afternoon trade on the BSE.
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