IVRCL lost 1.25% to Rs 4.75 at 12:23 IST on BSE after the company reported net loss of Rs 354.47 crore in Q2 September 2016 compared with net loss of Rs 306.54 crore in Q2 September 2015.
The result was announced after market hours yesterday, 14 December 2016.Meanwhile, the S&P BSE Sensex was down 29.14 points or 0.11% at 26,573.70.
On the BSE, 1.30 lakh shares were traded on the counter so far as against the average daily volumes of 4.49 lakh shares in the past two weeks. The stock had hit a high of Rs 4.80 and a low of Rs 4.61 so far during the day.
The company's total income from operations declined 21.77% to Rs 501.45 crore in Q2 September 2016 over Q2 September 2015.
IVRCL is a leading engineering, procurement and construction (EPC) and infrastructure company. Its core areas of work include value chain across sectors such as water & environment, irrigation, transportation and power distribution & transmission.
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