Schneider Electric Infra reports Q3 net loss at Rs 7.3 cr

Image
Press Trust of India New Delhi
Last Updated : Feb 13 2018 | 8:30 PM IST
Schneider Electric Infrastructure today reported net loss at Rs 7.3 crore for the quarter ended December 2017.
The company had earned a net profit of Rs 6.55 crore in the quarter ended December 2016, Schneider Electric Infrastructure said in a BSE filing today.
According to the statement, the company's total income was Rs 479.12 crore in the quarter compared to Rs 475.05 crore a year ago.
During April-December this fiscal, the company reported net loss of Rs 41.71 crore compared to Rs 18.60 crore in the same period a year ago.
The company's income during the nine-month period was Rs 1,071.98 crore compared to Rs 1,076.93 crore in the same period a year ago.
The company has provided for Rs 36.53 crore as doubtful trade receivables in the quarter ended December 2017 under other expenses head.

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

*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: Feb 13 2018 | 8:30 PM IST

Next Story