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 ...
- He gained a following online, comprising mainly young men, by advocating for a hyper masculine lifestyle.
- In 2016, he was a contestant on UK reality show Big Brother, and was expelled from the show after a video of him hitting a woman with a belt surfaced online.
- He is a former professional kickboxer. After retiring, he has mainly been active as a businessman and a social media influencer.
- In the past, he has been banned from Twitter, for saying that women should "take responsibility" for being sexually assaulted. He was reinstated after Elon Musk's Twitter takeover.
- He currently has over 3.8 million followers on Twitter, where he regularly encourages his followers to "take the red pill", a reference to the movie "The Matrix". "Taking the red pill" is a common call used by alt right internet users to encourage others to question the status quo.
from NDTV News- Special https://ift.tt/XBksbUn
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