Noida-based Jaypee Infratech Ltd said its first quarter net profit rose to Rs394.83 crore as against a net loss of Rs9.55 crore during the same quarter last year. The company reported total revenues of Rs596.95 crore in the quarter ended June 2010. There were no revenues reported during the previous quarter ended June 2009.
On Monday, Jaypee Infratech shares closed 0.2% up at Rs88 on the Bombay Stock Exchange, while the Sensex ended at 0.6% up at 17,937 points.
Equirus Capital, Indian financial advisory, has partnered with Clairfield Partners, an international network of investment banks.
The partnership will enhance Equirus M&A capability and coverage across Europe, US, Asia and Australia. Equirus Capital specialises in private equity advisory, capital markets, structured financing and institutional equities.
Wind turbine manufacturer, Suzlon Energy Ltd said it won an order from the Malpani Group to set up, operate and maintain two new wind power projects totalling 19.8 MW capacity in Karnataka and Maharashtra. No financial details were provided.
The 19.8 MW order comprises eight units of Suzlon’s S88-2.1 MW and two units of Suzlon’s S82-1.5 MW wind turbine generators (WTG) to be commissioned in Karnataka and Maharashtra, respectively, the company said in a regulatory filing.
On Monday, Suzlon shares closed 0.4% up at Rs58 on the Bombay Stock Exchange, while the Sensex ended at 0.6% up at 17,937 points.