Latest News | BIZ-RESULTS-IL&FSENG IL&FS Engineering Net Loss Widens to Rs 73cr in Sept Quarter

Get latest articles and stories on Latest News at LatestLY. IL&FS Engineering on Wednesday reported widening of consolidated net loss to Rs 73.16 crore in the quarter ended September.

New Delhi, Nov 11 (PTI) IL&FS Engineering 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.

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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.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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