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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.

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IL&FS Engineering 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.