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IL&FS Engineering and Construction net loss widens to Rs 73.16 crore in September quarter

The engineering arm of the troubled IL&FS Group had reported a total consolidated net loss after exceptional items and tax at Rs 56.64 crore for the corresponding quarter of the previous fiscal, the company said in a BSE filing.

November 12, 2020 / 06:03 PM IST
 
 
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IL&FS Engineering and Construction on Wednesday reported widening of consolidated net loss to Rs 73.16 crore in the quarter ended September.

The engineering arm of the troubled IL&FS Group had reported a total consolidated net loss after exceptional items and tax at Rs 56.64 crore for the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Its total consolidated income from operations for the quarter under review stood at Rs 77.65 crore as against Rs 144.03 crore in the corresponding quarter a year ago.

The company’s expenses during the September quarter were Rs 103.23 crore as against Rs 141.57 crore in the year-ago period.
PTI
first published: Nov 12, 2020 06:03 pm