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Dredging Corp narrows Jul-Sep net loss to Rs 22 cr

Press Trust of India  |  New Delhi 

Dredging Corporation of India on Friday reported narrowing of its standalone net loss to Rs 22.28 crore for the quarter ended September 2019.

The company had posted a standalone net loss of Rs 79.16 crore in the year-ago period, Dredging Corporation said in a BSE filing.

The company's standalone total income declined to Rs 123.83 crore in the July-September period, from Rs 149.44 crore in the year-ago period.

The company is involved in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy and marine construction.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 08 2019. 19:55 IST