Jaiprakash Power Ventures Reports Loss of ₹13.37 Crore in March Quarter
JPVL reports Rs 13.37 cr loss in March quarter
News 18
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Jaiprakash Power Ventures Ltd (JPVL) reported a consolidated net loss of ₹13.37 crore for the March 2026 quarter, a significant decline from a profit of ₹155.67 crore in the same quarter last year. The loss is attributed to rising expenses, which increased to ₹1,468.81 crore.
- 01JPVL reported a net loss of ₹13.37 crore in the March 2026 quarter.
- 02The company had a profit of ₹155.67 crore in the same quarter last year.
- 03Total expenses rose significantly to ₹1,468.81 crore from ₹1,165.75 crore.
- 04Total income increased to ₹1,470.79 crore from ₹1,366.67 crore year-on-year.
- 05For fiscal 2025-26, net profit fell to ₹450.63 crore from ₹813.55 crore.
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Jaiprakash Power Ventures Ltd (JPVL), based in New Delhi, reported a consolidated net loss of ₹13.37 crore for the quarter ending March 2026, contrasting sharply with a profit of ₹155.67 crore during the same period last year. The company attributed this loss to a significant rise in expenses, which surged to ₹1,468.81 crore, up from ₹1,165.75 crore a year prior. Despite the loss, total income for the quarter increased to ₹1,470.79 crore, compared to ₹1,366.67 crore in the previous year. Over the entire fiscal year of 2025-26, JPVL's consolidated net profit declined to ₹450.63 crore, down from ₹813.55 crore in the previous year, indicating ongoing financial challenges for the company.
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The reported losses may affect investor confidence and future funding for JPVL, potentially impacting its operational capacity.
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