IL&FS Engineering loss widens to Rs 61 cr in June qtr

Total income of the company was at Rs 480.05 crore, registering a decline of 11%

Image
Press Trust of India New Delhi
Last Updated : Aug 14 2015 | 6:35 PM IST
IL&FS Engineering and Construction Company Ltd today said its standalone net loss widened to Rs 60.95 crore for the quarter ended June 30.

The company's net loss in the corresponding quarter of the previous fiscal was at Rs 36.81 crore, it said in a regulatory filing.

Total income of the company was at Rs 480.05 crore, registering a decline of 11 per cent.

Also Read

The total expenses of the company during the quarter dropped to Rs 483.69 crore, over Rs 534.78 crore in the year-ago period.

IL&FS Engineering and Construction Co Ltd is a leading infrastructure development, construction and project management company. It has presence in various segments like roads, expressways, highways, buildings and industrial structures and thermal and hydel power projects.

The shares of the company closed at Rs 75.75 apiece on BSE, down 2.63 per cent from its previous close.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 14 2015 | 4:13 PM IST

Next Story