Skip to main content

Jaiprakash Power Q2 Results: Net Profit Slips 81% To Rs 33 Crore On One-Time Loss

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 ...
Post a Comment

How Can CSK Still Qualify For IPL 2025 Playoffs After Crushing Loss vs MI

Chennai Super Kings continued their disappointing run in IPL 2025 as they slumped to a nine-wicket loss against Mumbai Indians on Sunday. It was a completely one-sided show as CSK were completely outplayed by MI at the Wankhede Stadium. CSK posted a total of 176/5 courtesy half-centuries from Ravindra Jadeja and Shivam Dube. However, Suryakumar Yadav and Rohit Sharma were in sublime form as they guided their side to a comprehensive victory. Following this loss, CSK remain at the bottom of the IPL table with just 4 points. As a result, they will have to win all six of their remaining games and hope for favourable results from other teams in order to have a chance to reach the IPL 2025 playoffs.

Coming to the match, Rohit Sharma and Suryakumar Yadav struck fluent half-centuries as Mumbai Indians defeated Chennai Super Kings by nine wickets in an Indian Premier League match on Sunday.

Chasing 177, Rohit (76 not out off 45 balls) and Suryakumar (68 not out off 30) shared an unbeaten 114-run stand for the second wicket to take MI home with ease.

Ravindra Jadeja (1/18) was the lone wicket-taker for CSK.

Earlier, Shivam Dube and Jadeja cracked half-centuries and shared a 79-run partnership for the fourth wicket as five-time champions Chennai Super Kings made 176 for 5.

Dube struck 50 off 32 balls, while Jadeja made an unbeaten 53 off 35 deliveries to offset a none-too-impressive start by MS Dhoni's struggling side.

Ayush Mhatre, who came in place of Rahul Tripathi for the match, struck a valuable 32 runs (15 balls) coming in at one-down.

(With PTI inputs)



from NDTV News- Special https://ift.tt/qt0UwJI
Labels:

Comments

Post a Comment

Popular posts from this blog

Q1 Results Updates: Waaree Renewables Profit Up 34%; NTPC Green Profit Rises 38%

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
Post a Comment
Read more

युवाओं ने निकाली कौमी एकता रैली, डेंगू मुक्त भिलाई बनाने का लिया संकल्प

छत्तीसगढ़ के दुर्ग जिले के वैशालीनगर विधान सभा क्षेत्र में स्वतंत्रता दिवस के उपलक्ष्य में कौमी एकता रैली का आयोजन किया गया. from Latest News छत्तीसगढ़ News18 हिंदी https://ift.tt/2wbsTPZ
Post a Comment
Read more

Trump Administration Launches App To Allow Immigrants In US To "Self Deport"

The Trump administration rolled out a new app on Monday that will allow immigrants in the United States illegally to "self deport" rather than face possible arrest and detention, building on President Donald Trump's deportation push. The US Customs and Border Protection app, called CBP Home, will offer an option for someone to signal their "intent to depart," the agency said. "The CBP Home app gives aliens the option to leave now and self-deport, so they may still have the opportunity to return legally in the future and live the American dream," Homeland Security Secretary Kristi Noem said in a statement. "If they don't, we will find them, we will deport them, and they will never return." Trump, a Republican, has vowed to deport record numbers of migrants in the US illegally. Trump's initial deportation numbers lagged the monthly average in fiscal year 2024 under Democrat Joe Biden, although Biden's deportations included many r...
Post a Comment
Read more