Jaiprakash Associates’ Q1 loss widens to Rs 465 cr

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Infrastructure major Jaiprakash Associates ‘ standalone net loss widened to Rs 465 crore in the April-June quarter 2015 from Rs 80.61 crore in the corresponding quarter of the previous year. Total income from operations of the company also declined to Rs 2,392.75 crore in the April-June quarter from Rs 3,030.40 crore in the year-ago period, the company said in a filing to the BSE. Shares of the company closed at Rs 11.91, up 0.08 per cent on Friday on the BSE.

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