Infrastructure major Gammon India saw its standalone net loss narrowing to Rs 20.53 crore for the quarter ended December 2016.
The firm had clocked a net loss of Rs 119.06 crore for the corresponding quarter of the 2015-16 fiscal.
Its income from operations declined to Rs 717.56 crore during the quarter under review as against Rs 818.83 crore during the corresponding quarter of the previous fiscal.
The company's total expenses, however, declined to Rs 639.21 crore during the quarter as against Rs 830.21 crore in the same quarter a year-ago.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.