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IL&FS Engineering net loss widens to Rs 73 crore in September quarter

IL&FS Engineering on Wednesday reported widening of consolidated net loss to Rs 73.16 crore in the quarter ended September.

IL&FS Engineering | infrastructure

Press Trust of India  |  New Delhi 

growth, profit, loss, revenue, share, value, stock, economy, returns, investment

on Wednesday reported widening of consolidated net loss to Rs 73.16 crore in the quarter ended September.

The engineering arm of the troubled IL&FS Group had reported a total consolidated net loss after exceptional items and tax at Rs 56.64 crore for the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Its total consolidated income from operations for the quarter under review stood at Rs 77.65 crore as against Rs 144.03 crore in the corresponding quarter a year ago.

The company's expenses during the September quarter were Rs 103.23 crore as against Rs 141.57 crore in the year-ago period.

(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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First Published: Wed, November 11 2020. 20:53 IST