Jaiprakash Associates Q1 Results Net Loss of ₹102,598 Lakhs and EPS of ₹(4.17)

Jaiprakash Associates has announced its financial results for the first quarter of the 2024-2025 fiscal year, revealing significant financial challenges. For the quarter ending June 30, 2024, the company reported a net loss of ₹102,598 lakhs.

The total income for the period was ₹177,066 lakhs, with substantial expenses including ₹72,905 lakhs for cost of materials consumed and ₹56,009 lakhs for direct construction and infrastructure expenses.

In addition to the considerable loss, Jaiprakash Associates is grappling with the complexities of its insolvency situation. The company's operational challenges and high expenses have overshadowed its revenue, which was significantly lower compared to previous periods.

The results also include a net loss per share of ₹4.17, reflecting the tough economic environment and ongoing financial restructuring efforts. As the company navigates through these difficulties, its stakeholders and investors will be closely watching for updates on its recovery strategies and potential improvements in financial performance.

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Jaiprakash Associates Q1 Results 2024 - 2025

Here is a summary of Jaiprakash Associates's financial results for the first quarter of the 2024-2025 fiscal year:

The company's performance for the quarter ended June 30, 2024, shows considerable financial difficulty. Below is a table detailing the key figures from the report:

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Jaiprakash Associates Current Market Overview

Jaiprakash Associates is currently facing a challenging market situation. The company's stock is trading at ₹9.20, down by 5.06%. Its market capitalization is ₹2,258 crore, but the stock has fluctuated significantly, with a recent high of ₹27.20 and a low of ₹6.71.

The company's book value is negative at -₹10.6, and it offers no dividend yield. The return on capital employed (ROCE) is relatively low at 3.15%. These factors reflect the financial difficulties and instability the company is currently experiencing.

Quarterly Results

Here's a table summarizing Jaiprakash Associates's quarterly financial results for the last three quarters:

About Jaiprakash Associates

Jaiprakash Associates is a major Indian company specializing in construction and infrastructure projects. Established over four decades ago, it is known for its work in building river valley projects, hydropower plants, and large-scale infrastructure developments.

The company has played a significant role in developing about 27% of India's hydropower capacity. Jaiprakash Associates is part of the larger Jaypee Group, which is involved in various sectors including cement, power, real estate, and more.

Despite its long-standing reputation and extensive experience, the company is currently undergoing financial difficulties and is in the Corporate Insolvency Resolution Process.