IL&FS Engineering narrows net loss to Rs 15 cr in Q2

Total income has increased to Rs 266 cr for the quarter against Rs 244 in the corresponding quarter last year

Hyderabad-based IL&FS Engineering and Construction Company Limited has posted Rs 15.79 crore net loss for the second quarter ended September 30, 2012, as against Rs 37.62 crore net loss for the same period last year.

The total income of the company has increased to Rs 266.04 crore for the quarter, as against Rs 244.16 in the corresponding quarter last year, registering a 8.96 per cent growth.Total expense increased 9.29 per cent to Rs 278.70 crore in the quarter, compared to Rs 255 crore a year ago.

The company has opened a branch in Abu Dhabi for pursuing new business, according to a release.

The company's scrip is currently trading at Rs 57.90 on Bombay Stock Exchange, up 0.52 per cent over the previous close of Rs 57.60.

image
Business Standard
177 22
Business Standard

IL&FS Engineering narrows net loss to Rs 15 cr in Q2

Total income has increased to Rs 266 cr for the quarter against Rs 244 in the corresponding quarter last year

Itishree Samal  |  Hyderabad 

Hyderabad-based IL&FS Engineering and Construction Company Limited has posted Rs 15.79 crore net loss for the second quarter ended September 30, 2012, as against Rs 37.62 crore net loss for the same period last year.

The total income of the company has increased to Rs 266.04 crore for the quarter, as against Rs 244.16 in the corresponding quarter last year, registering a 8.96 per cent growth.Total expense increased 9.29 per cent to Rs 278.70 crore in the quarter, compared to Rs 255 crore a year ago.

The company has opened a branch in Abu Dhabi for pursuing new business, according to a release.

The company's scrip is currently trading at Rs 57.90 on Bombay Stock Exchange, up 0.52 per cent over the previous close of Rs 57.60.

RECOMMENDED FOR YOU

IL&FS Engineering narrows net loss to Rs 15 cr in Q2

Total income has increased to Rs 266 cr for the quarter against Rs 244 in the corresponding quarter last year

Hyderabad-based IL&FS Engineering and Construction Company Limited has posted Rs 15.79 crore net loss for the second quarter ended September 30, 2012, as against Rs 37.62 crore net loss for the same period last year.

Hyderabad-based IL&FS Engineering and Construction Company Limited has posted Rs 15.79 crore net loss for the second quarter ended September 30, 2012, as against Rs 37.62 crore net loss for the same period last year.

The total income of the company has increased to Rs 266.04 crore for the quarter, as against Rs 244.16 in the corresponding quarter last year, registering a 8.96 per cent growth.Total expense increased 9.29 per cent to Rs 278.70 crore in the quarter, compared to Rs 255 crore a year ago.

The company has opened a branch in Abu Dhabi for pursuing new business, according to a release.

The company's scrip is currently trading at Rs 57.90 on Bombay Stock Exchange, up 0.52 per cent over the previous close of Rs 57.60.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard