Alstom T & D India Q3 loss at Rs 18 cr

Alstom T & D India Ltd today reported standalone net loss of Rs 18.21 crore for the quarter ended December 31, 2015.

The company had posted a net profit of Rs 25.8 crore in the year-ago period, the company said in a filing to BSE.

Total income from operations declined to Rs 755.2 crore in the quarter, over Rs 766 crore in the year-ago period, it said.

Total expenses of the company increased to Rs 766.5 crore, over Rs 747.67 crore in the year-ago period.

The company is engaged in the business relating to products, projects and systems of electricity transmission and related activities only. Accordingly the company has only one business segement, it said.