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    HomeNewsBusinessEarningsIL&FS Transportation Q1 net loss at Rs 248 crore

    IL&FS Transportation Q1 net loss at Rs 248 crore

    Its total income rose to Rs 1,035.38 crore during the quarter under review as against Rs 997.12 crore in the year-ago period.

    PTI
    August 13, 2018 / 20:43 IST
    We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)
       
       
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      IL&FS Transportation Networks today reported a net loss of Rs 248 crore for the first quarter ended June 30. The company had clocked a net profit of Rs 24.78 crore for the corresponding quarter last fiscal.

      Its total income rose to Rs 1,035.38 crore during the quarter under review as against Rs 997.12 crore in the year-ago period.

      Its total expenses also rose to Rs 1,320.78 crore during the quarter as against Rs 962.23 crore in the corresponding period last fiscal.

      PTI
      first published: Aug 13, 2018 08:41 pm

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