Shares of Jaiprakash Associates (BSE -9.16%) slumped as much as 13.23 per cent in intraday trade on Wednesday after the company posted a net loss of Rs 80.61 crore for the quarter ended June 30,2014.
It posted a net loss of Rs 80.61 crore for the quarter ended June 30,2014 as compared to net profit Rs 334.51 crore for the quarter ended June 30,2013, the company said in a filling to BSE.
Total Income has decreased from Rs 3351.93 crore for the quarter ended June 30,2013 to Rs 3041.56 crore for the quarter ended June 30,2014.
It posted a net loss of Rs 80.61 crore for the quarter ended June 30,2014 as compared to net profit Rs 334.51 crore for the quarter ended June 30,2013, the company said in a filling to BSE.
Total Income has decreased from Rs 3351.93 crore for the quarter ended June 30,2013 to Rs 3041.56 crore for the quarter ended June 30,2014.
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