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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 ...

Video - "That's Not Breakfast": Delhi Police To Man 'Drinking' Inside Metro

A man was seen on camera chilling with a glass of 'liquor' and a boiled egg inside a moving Delhi Metro train.

The police took note of it after the video went viral and a passenger complained to them.

In the video taken by a passenger, the man was seen taking three swigs of 'liquor', looking from side to side to check if he would be caught. He took a bite of the boiled egg between the swigs.

The Delhi Police posted the video on X and explained what action they have taken for 'drinking' in public, that too inside the metro.

"Eggs and alcohol in the metro? That's not breakfast - that's a breach. Break the rules, face the consequences. Rules aren't suggestions - they are the law," the police said in the post.

The accused is a resident of north Delhi's Burari.

"The accused person admitted his offence and a legal action was initiated against him u/s 59 of DMRC Act," the police said.

However, the man claimed he was drinking the apple juice Appy Fizz, and making a video of it.

"... In the video, I was seen eating an egg and drinking 'alcohol'. It was not daaru (alcohol) but Appy Fizz," the man said.

"I did the wrong thing. I request everyone not to do any such thing. Today I have to face the law because of what I did. I seek forgiveness," he said in the video posted by the police.

While it may have been Appy Fizz and he may have made the video for views on social media, the video made it look like he was drinking in public and encouraging it.

Delhi Metro has seen social media influencers do all sorts of antics for views. Commuters say they are a nuisance during rush hours.



from NDTV News- Special https://ift.tt/sGV4lxA

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