HomeNewsBusinessMarketsIVRCL narrows Q2 net loss to Rs 394 cr

IVRCL narrows Q2 net loss to Rs 394 cr

Total income during July-September declined to Rs 115.32 crore, as against Rs 245.35 crore in the year-ago period.

November 15, 2019 / 21:29 IST
Story continues below Advertisement

IVRCL on November 15 reported a standalone net loss of Rs 394.43 crore for the second quarter ended September. The company had posted a net loss of Rs 443.03 crore in the corresponding quarter of the previous fiscal, IVRCL said in a BSE filing.

Total income during July-September declined to Rs 115.32 crore, as against Rs 245.35 crore in the year-ago period.

Story continues below Advertisement

Total expenses declined to Rs 502.88 crore during the quarter as against Rs 590.12 crore earlier.

PTI
first published: Nov 15, 2019 09:28 pm

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!