Jaiprakash Power Ventures' second quarter revenue rose 5.1% year-on-year, while profit before exceptional items and tax climbed nearly 79%. A Rs 511 crore provision for a settlement with NARCL weighed on earnings this quarter. JP Power Ventures's consolidated net profit fell 81.7% year-on-year to Rs 33.34 crore in the quarter ended Sept 30, compared with Rs 182 crore in the year-ago period. The decline followed a Rs 511 crore exceptional charge towards a proposed full-and-final settlement with the National Asset Reconstruction Company Ltd. (NARCL) over a corporate guarantee furnished by the company for loans to Jaiprakash Associates. Net profit fell 81.7% to Rs 33.3 crore as compared to Rs 182 crore the previous year in the same period. Revenue from operations increased 5.1% year-on-year to Rs 1,512.12 crore from Rs 1,438.30 crore. Total income rose to Rs 1,579.34 crore from Rs 1,478.49 crore. The company's September-quarter earnings therefore reflect the impact of ...
Q1 Results Today Live Updates: Hello and welcome to NDTV Profit's live coverage of Q1 earnings on July 22, 2026! Stay tuned to our live blog as we bring you all major updates on April-June quarter earnings for the current fiscal (Q1FY27) and company announcements throughout the day. Several majors such as Adani Green, BPCL, IndusInd Bank, Dr Reddy's, JSW Energy, Nestlé India and others are in focus today as the companies will reveal their Q1 scorecards. At least 60+ companies are scheduled to report their earnings on Tuesday. Following the results, companies will hold earnings calls with investors and analysts to discuss their performance and future plans. Watch this space for all the action from India Inc earnings reports. Stay tuned to NDTV Profit for all back-to-back live updates of Q1 Results and company announcements on Wednesday, July 22, 2026. from NDTV News- Special https://ift.tt/vYQNVDx
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