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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 ...

"If You Don't Pass Me...": What Teachers Found In Class 10 Answer Sheets

The answer sheets carried requests and currency notes: the request was that the examiner help them clear the exam. Say, the examiner found the plea too plain, some students had also slipped in money to make it lucrative for the assessor.

Teachers as invigilators found these requests in answer sheets for Secondary School Leaving Certificate (SSLC) or Class 10 exams in Chikkodi in Karnataka's Belagavi district.

The requests have since gone viral on the world wide web.

One student placed Rs 500 note in the answer sheet with a request to help him clear the exam.

Some of the requests impressed upon the invigilator how their love depends on them clearing the exam.

"Please pass me, my love is in your hands," said a student, placing Rs 500 in between the answer sheet.

"I will only continue my love if I pass," wrote another student.

Another one wrote, "Have tea with this Rs 500, sir, and please pass me."

Some offered more money if the teacher could help them clear the exam.

In another paper, a student wrote, "If you pass me, I will give you money."

Some said their future depends on them clearing this important exam.

"If you don't pass me, my parents won't send me to college," said yet another.



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