Jaiprakash Associates Limited — Others, 01-07-2025: Copy of Newspaper Publication
Jaiprakash Associates has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income from operations of ₹3,11,729 lakh for the year, down from ₹4,18,424 lakh last year. It incurred a net loss after tax of ₹4,93,336 lakh compared to ₹1,53,626 lakh previously. Other equity turned negative at ₹(1,71,640) lakh versus positive ₹3,20,109 lakh last year, and net worth is significantly negative at ₹(6,90,374) lakh. Debt outstanding decreased slightly to ₹16,18,860 lakh. Earnings per share stood at a loss of ₹20.10 per share, worsening from ₹6.26 per share loss last year. Debt equity ratio swung sharply to (23.64) from 5.64. Debt service coverage and interest service coverage ratios remain negative, indicating ongoing financial stress.
