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Aug 01, 2012, 06.51 PM IST
Jaypee Infratech, a special purpose vehicle for implementation of 165 km long 6-lane access-controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra, has reported a degrowth of 40% quarter-on-quarter and 12% year-on-year in net profit of Rs 210 crore for the quarter ended June 2012.
Net sales increased 10% YoY to Rs 678 crore during the quarter, but the QoQ fell by 26%. The stock rose 1% to close at Rs 53.85 after hitting an intraday high of Rs 55.45 and low of Rs 53.55.
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