Jaiprakash March dispatches rise 32%

Jaiprakash Associates' cement dispatches in March 2012 has increased by 32% at 2.08Mt, as against 1.57Mt in the same month of 2011.

Jaypee's cement business operates under the Jaiprakash Associates arm, which has a cement capacity of 28Mt.

Jaiprakash Associates reported a fall of 12% in its net profit of INR205 crore in the third quarter of the current fiscal, mainly on higher interest payments. The company had registered INR233 crore net profit during the October-December quarter of last fiscal.