IVRCL Q1 net loss up at Rs 187.18 crore

Hyderabad-based infrastructure company IVRCL Limited has reported a net loss of Rs 187.18 crore for the quarter ended June 30, 2015 as compared with a net loss of Rs 158 crore in the corresponding quarter last year.

The increase in losses comes on the back of a substantial fall in revenues compared to that of the year ago period.

The total income declined 25.59% to Rs 630.37 crore during the quarter under review from Rs 847.21 crore in the corresponding previous quarter