Jaiprakash Power Ventures said its net loss for the quarter ended March 2014 has widened to Rs 1,719.80. It reported a net loss of Rs 1,222.60 million in the same quarter last year.
Net sales for the quarter rose 14.75% to Rs 4,296.40 million, compared with Rs 3,744 million for the prior year period.
Earnings per share stood negative at Rs 0.56 compared with negative Rs 0.44 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 4,296.40 | 3,744.30 | 14.75 |
Net Profit | (1,719.80) | (1,222.60) | - |
Basic EPS | (0.56) | (0.44) | - |
Shares of the company gained Rs 1.53, or 8.4%, to trade at Rs 19.75. The total volume of shares traded was 1,266,125 at the BSE (10.44 a.m., Monday).