Reliance Infra Q3 results: Net loss widens to Rs 421 cr on higher expenses

Its expenses surged to Rs 5,068.71 crore from Rs 4,840.87 crore in the third quarter of the previous fiscal

Reliance Infrastructure
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Press Trust of India New Delhi
1 min read Last Updated : Feb 09 2024 | 9:46 PM IST

Reliance Infrastructure Ltd on Friday reported widening of consolidated net loss to Rs 421.17 crore in the December quarter, due to higher expenses.

It had clocked a net loss of Rs 267.46 crore in the year-ago period, the company said in an exchange filing.

The company's total income, however, rose to Rs 4,717.09 crore from Rs 4,224.64 crore in the same period a year ago.

Its expenses surged to Rs 5,068.71 crore from Rs 4,840.87 crore in the third quarter of the previous fiscal.

Reliance Infrastructure is engaged in the business of providing engineering and construction services for power, roads, metro rail, and other infrastructure sectors.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Reliance InfrastructureReliance GroupInfrastructure sectorQ3 results

First Published: Feb 09 2024 | 9:46 PM IST

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