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IVRCL narrows Q2 net loss to Rs 394 cr

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Press Trust of India New Delhi

IVRCL on Friday reported a standalone net loss of Rs 394.43 crore for the second quarter ended September.

The company had posted a net loss of Rs 443.03 crore in the corresponding quarter of the previous fiscal, IVRCL said in a BSE filing.

Total income during July-September declined to Rs 115.32 crore, as against Rs 245.35 crore in the year-ago period.

Total expenses declined to Rs 502.88 crore during the quarter as against Rs 590.12 crore earlier.

 

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First Published: Nov 15 2019 | 9:20 PM IST

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