Jaiprakash Power Q3 Net Profit Drops to ₹38M

Jaiprakash Power Ventures reported Q3 net profit of ₹38 million compared to ₹1.25 billion in the previous year, while revenue grew marginally to ₹11.6 billion from ₹11.4 billion year-on-year.

CRISIL Reaffirms BBB/Stable Rating on Jaiprakash Power Ventures' Rs 5,600 Crore Bank Facilities

CRISIL Ratings Limited reaffirmed its CRISIL BBB/Stable rating on Jaiprakash Power Ventures Limited's long-term bank facilities worth Rs 5,600 crore. The rating reaffirmation maintains the company's current credit assessment and provides continued access to banking facilities at existing terms.

Jaiprakash Power Ventures Chairman Manoj Gaur Arrested by Enforcement Directorate

Shri Manoj Gaur, Non-Executive Chairman of Jaiprakash Power Ventures Limited, was arrested by the Enforcement Directorate under the Prevention of Money Laundering Act, 2002. The alleged offence relates to Jaypee Infratech Limited and Jaiprakash Associates Limited, not the company itself, with management stating no adverse impact on company operations.

Jaiprakash Power Ventures Faces Fresh Demand Notice from IDRCL Over Corporate Guarantee Dispute

Jaiprakash Power Ventures Limited disclosed that India Debt Resolution Company Limited (IDRCL) has issued a demand notice dated October 24, 2025, seeking payment of outstanding amounts related to a corporate guarantee. The company had previously provided a corporate guarantee for a loan taken by promoter company Jaiprakash Associates Limited. The Debt Resolution Tribunal permitted NARCL to substitute State Bank of India as the lender through an order dated September 24, 2025, following a Joint Assignment Agreement from March 2025 where certain lenders assigned their debts to National Asset Reconstruction Company Limited (NARCL). IDRCL acts as the Power of Attorney holder for NARCL. Jaiprakash Power Ventures maintains that the fresh demand notice lacks substance as the matter remains under judicial consideration and stated it will initiate legal steps to protect its interests. The company's insolvency petition filed by ICICI Bank was admitted by the National Company Law Tribunal in June 2024.

Jaiprakash Power Ventures Reports 60% Drop in Q2 Net Profit to Rs 182 Crore

Jaiprakash Power Ventures Limited reported a net profit of Rs 182 crore for Q2 FY26, down from Rs 272 crore in the previous quarter. Revenue from operations declined to Rs 1,438 crore from Rs 1,583 crore quarter-on-quarter. For the half-year period, net profit reached Rs 460 crore compared to Rs 531 crore in the same period last year. The company's power segment generated Rs 1,438 crore in revenue while coal segment contributed Rs 203 crore. Total comprehensive income for the quarter stood at Rs 182 crore. The company faces ongoing legal challenges including corporate guarantee issues related to Jaiprakash Associates Limited's insolvency proceedings and demand notices from Andhra Pradesh's Director of Mines & Geology totaling Rs 7,167 crore for alleged illegal sand mining activities.