Moneycontrol
Feb 13, 2018 08:48 PM IST | Source: PTI

Schneider Electric Infra reports Q3 net loss at Rs 7.3 crore

The company had earned a net profit of Rs 6.55 crore in the quarter ended December 2016, Schneider Electric Infrastructure said in a BSE filing on Tuesday.

Schneider Electric Infrastructure on Tuesday reported net loss at Rs 7.3 crore for the quarter ended December 2017.

The company had earned a net profit of Rs 6.55 crore in the quarter ended December 2016, Schneider Electric Infrastructure said in a BSE filing on Tuesday.

According to the statement, the company's total income was Rs 479.12 crore in the quarter compared to Rs 475.05 crore a year ago.

During April-December this fiscal, the company reported net loss of Rs 41.71 crore compared to Rs 18.60 crore in the same period a year ago.

The company's income during the nine-month period was Rs 1,071.98 crore compared to Rs 1,076.93 crore in the same period a year ago.

The company has provided for Rs 36.53 crore as doubtful trade receivables in the quarter ended December 2017 under other expenses head.
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