Jaypee Infratech Q2 net declines to Rs 311 crore

Jaypee Infratech's standalone net profit in the July- September quarter dipped to Rs 311 crore compared to Rs 412 crore in the corresponding quarter last fiscal.

Net sales of the company rose marginally to Rs 716 crore compared to Rs 711 crore in the July-September quarter of the last fiscal.

Jaypee Infratech, which is building the Yamuna Expressway connecting Delhi and Agra, said it has spent Rs 11,228 crore on the project as of September-end.