HomeNewsBusinessEarningsLanco Infratech may report Q3 loss Rs 405 cr: Poll

Lanco Infratech may report Q3 loss Rs 405 cr: Poll

Lanco Infratech is likely to report a consolidated loss of Rs 405 crore during October-December quarter against loss of Rs 503 crore in same quarter last year.

February 12, 2015 / 11:53 IST
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Lanco Infratech is likely to report a consolidated loss of Rs 405 crore during October-December quarter against loss of Rs 503 crore in same quarter last year.

Total income is seen going up 7.4 percent to Rs 2,576 crore during October-December quarter from Rs 2,397 crore in same quarter last year.

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Operating profit may jump 33.2 percent to Rs 611 crore and margin may climb 460 basis points Y-o-Y to 23.7 percent in the quarter gone by.

Lanco may continue to report losses as issues with many of its plants continue.

first published: Feb 12, 2015 11:53 am

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