On Friday, Jaiprakash Power Ventures Limited (JPPower) was gaining investors’ attention. On November 29, 2024, on the NSE, JP Power share price opened at ₹19.14, slightly up from its previous close of ₹18.93. At 12:19 PM, the share price of JPPower was trading at ₹18.35, down by 3.06%.
The stock touched its 52-week high at ₹24.00 on February 12, 2024, and 52-week low at ₹12.25 on December 12, 2023.
For the quarter ending September 30, 2024, the total income of the company stood at ₹1,30,519 lakh, showing a decrease compared to ₹1,77,906 lakh in the previous quarter (June 30, 2024). However, when compared to the same quarter last year (September 30, 2023), the total income has decreased slightly from ₹1,35,923 lakh.
The total income for the half-year period ending September 30, 2024, was ₹3,08,425 lakh, reflecting a marginal increase from ₹3,07,398 lakh for the same period in the previous year. For the full year ending March 31, 2024, the company reported total income of ₹7,15,129 lakh.
Regarding the profit after tax (PAT), the company reported ₹18,266 lakh for the quarter ending September 30, 2024, which is a notable decrease compared to ₹34,854 lakh for the previous quarter (June 30, 2024). In comparison to the same quarter last year, the PAT has seen a substantial increase from ₹6,866 lakh.
For the half-year period ending September 30, 2024, the company posted a PAT of ₹53,120 lakh, significantly higher than ₹26,031 lakh for the corresponding period in the previous year. The PAT for the full year ending March 31, 2024, stood at ₹1,02,195 lakh.
Jaiprakash Power Venture Limited is involved in the business of coal mining, cement grinding, sand mining, and production of thermal and hydroelectric electricity.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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