Jaiprakash Associates Limited : Jaiprakash Associates Limited ( JAL ), the flagship of Jaypee Group is the leading infrastructure conglomerate having business interest in cement and cement production, engineering & construction, power, hospitality and real estate recorded remarkable performance with total income of Rs 3921.87 crore for the nine months of current fiscal; an increase of 33.93% as compared to Rs 2928.36 crore in the corresponding previous period. EBIDTA for 9MFY09 improved to Rs 1176.22 crore; an increase of 27.57% as compared to Rs 922.01 crore in the corresponding previous period. Net profit for the 9MFY09 was at Rs 495.90 crore as against Rs 399.26 crore in 9MFY08. The earnings per share (EPS) for 9MFY09 stood at Rs 4.22 per share.

JAL's all operating subsidiaries with its robust performance has made JAL a unique organization, whereby bucking the general trend total income for the Q3FY09 registered a growth of 44.49% and stood at Rs 1447.12 crore. EBIDTA for Q3FY09 was at Rs 372.69 crore. The share of revenue from Cement Division (including cement products) during the quarter constituted 40% of the revenue while Engineering Division (including Real Estate & others) during the quarter constituted 57% of the revenue.

JAL registered net profit of Rs 165.51 crore for the quarter ended December 31, 2008 registering growth of 6% over the corresponding quarter of the previous year. The Operating Margins for Q3FY09 stood at 22.19%.

Commenting on the Company's performance for 9M & Q3 FY09, Mr. Manoj Gaur, Executive Chairman, Jaiprakash Associates Ltd., said, "Even in a challenging macro environment, we are delighted to report an operationally strong financial growth in the third quarter and for the nine months ended December 31, 2008. Emphasis on effective execution and timely delivery of projects without compromising on quality has helped us achieve excellence across all business segments in which JAL operates."

"Jaypee Group's Real Estate foray is unique in the country as the same is an integral part of a large infrastructure project and is invariably located along the express way connecting Noida to Agra thereby providing competitive edge with respect to the cost as well as the valuation which go hand in hand with the prospects of any real estate project. As for the third quarter & nine months of current fiscal, the Real Estate Division contributed 62% out of the total revenues. In fact our recently launched property – Wish town Klassic, received an overwhelming response from customers in the first month of launch itself. The fact that out of total bookings done by all real estate developers combined together in last month were less then the bookings received by Wish town Klassic reiterates the faith and confidence that customers have shown in the execution capabilities of Jaypee Greens," Mr. Gaur further added.

PAT for 9MFY09 at Rs 495.90 crore, up 24%; EBIDTA at Rs 1176.20 crore, up 27.57%

PAT for Q3FY09 at Rs 165.51 crore, up by 6%; EBIDTA at Rs 372.69 crore, up 14.82%

* Total Income at Rs 3921.87 crore, up by 33.93 % from Rs 2928.36 crore

* EBIDTA at Rs 1176.20 crore, up by 27.57% from Rs 922.01 crore

* PAT at Rs 495.90 crore, up by 24 % from Rs 399.26 crore

* PBT at Rs 684.42 crore, up by 27.23% from Rs 537.95 crore

* EPS (Basic) at Rs 4.22

* Operating profit margin of 27.56%

* PAT margin of 14%

* Cement dispatches in 9MFY09 was at 54.57 lakh MT up 13% v/s 48.50 lakh MT in 9MFY08

* Total income at Rs 1447.12 crore, up by 44.49% from Rs 1001.57 crore

* EBIDTA at Rs 372.69 crore, up by 14.82% from Rs 324.60 crore

* PAT at Rs 165.51 crore, up by 6 % from Rs 155.80 crore

* PBT at Rs 208.91 crore, up 7.29% from Rs 194.71 crore

* EPS (Basic) at Rs 1.41

* Operating profit margin of 22.19%

* PAT margin of 13%

* Cement dispatches in Q3FY09 was at 19.19 lakh MT up 15% v/s 16.71 lakh MT in Q3FY08

* Turnover from Cement Division (including cement products) at Rs 1680.94 crore v/s Rs 1473.87 crore registering growth of 14%

* Turnover from Engineering Division (including Real Estate & others) at Rs 2102.30 crore v/s Rs 1320.03 crore registering phenomenal growth of 59%

* Turnover from Cement Division (including cement products) at Rs 577.30 crore v/s Rs 500.39 crore registering growth of 15%

* Turnover from Engineering Division (including Real Estate & others) at Rs 818.10 crore v/s Rs 440.32 crore registering a phenomenal growth of 86% 

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