Lanco Infratech reports standalone net loss of Rs 232.89 crore in the March 2015 quarter

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Sales decline 54.73% to Rs 322.99 crore
Net Loss of Lanco Infratech reported to Rs 232.89 crore in the quarter ended March 2015 as against net loss of Rs 469.66 crore during the previous quarter ended March 2014. Sales declined 54.73% to Rs 322.99 crore in the quarter ended March 2015 as against Rs 713.47 crore during the previous quarter ended March 2014.For the full year,net loss reported to Rs 672.23 crore in the year ended March 2015 as against net loss of Rs 959.99 crore during the previous year ended March 2014. Sales declined 37.72% to Rs 1388.83 crore in the year ended March 2015 as against Rs 2229.90 crore during the previous year ended March 2014.
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First Published: May 30 2015 | 4:48 PM IST