Dredging Corp narrows Jul-Sep net loss to Rs 22 cr

Image
Press Trust of India New Delhi
Last Updated : Nov 08 2019 | 7:55 PM IST

Dredging Corporation of India on Friday reported narrowing of its standalone net loss to Rs 22.28 crore for the quarter ended September 2019.

The company had posted a standalone net loss of Rs 79.16 crore in the year-ago period, Dredging Corporation said in a BSE filing.

The company's standalone total income declined to Rs 123.83 crore in the July-September period, from Rs 149.44 crore in the year-ago period.

The company is involved in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy and marine construction.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 08 2019 | 7:55 PM IST

Next Story