Corporate Announcement
Security Code : 532627    Company : JPPOWER    
 
Announces Q1 Results (Standalone) & Limited Review Report (Standalone) for the Quarter ended June 30, 2016Download PDF
  Exchange Disseminated Time     18/07/2016 19:46:08
Jaiprakash Power Ventures Ltd has announced the following results for the quarter ended June 30, 2016

The Un-Audited Standalone results for the Quarter ended June 30, 2016

The Company has posted a net (loss) of Rs. (1961.60) million for the quarter ended June 30, 2016 where as the net profit was at Rs. 669.60 million for the quarter ended June 30, 2015. Total Income is Rs. 7674.50 million for the quarter ended Juen 30, 2016 where as the same was at Rs. 12782.50 million for the quarter ended June 30, 2015.

"The results for the quarter ended 30.06.2016 are in respect of 400 MW Jaypee Vishnuprayag H.E. Plant, 500 MW Jaypee Bina Thermal Power Plant, 1320 MW Jaypee Nigrie Super Thermal Power Plant (JNSTPP), Jaypee Nigrie Cement Grinding Unit and Amelia (North) Coal Mine. The results for the quarter ended 30.06.2015 also included operating results for 300 MW Baspa II H.E. Plant and 1091 MW Karcham Wangtoo H.E. Plant. The Company concluded the Sale of these Plants to JSW Ltd. w.e.f 01.09.2015, hence the figures of the current quarter/ period are not comparable with figures of the corresponding quarter/ period in the previous year. The figures for the previous period/quarter have been regrouped / reclassified wherever necessary.

The Company now has aggregate power generation capacity of 2220 MW comprising of Hydro (400 MW ) and Thermal (1820 MW)."
 

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