ALPHA TRIBE

Jaiprakash Associates LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 04:57 pm

Jaiprakash Associates has approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated net profit of ₹232.30 Cr. This profit was largely due to an exceptional gain of ₹460.11 Cr from no longer consolidating its subsidiary, Jaypee Cement Corporation, which is now in its own insolvency process. Before this exceptional item, JAL posted an operational loss of ₹273.20 Cr. The Corporate Insolvency Resolution Process (CIRP) for Jaiprakash Associates is actively moving forward, with five resolution plans currently under evaluation, indicating a critical period for the company's future.

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