Latest News | IL&FS Engineering and Construction's Loss Widens to Rs 16 Cr in Dec Quarter
Get latest articles and stories on Latest News at LatestLY. IL&FS Engineering and Construction Company Ltd on Monday reported widening of its net loss to Rs 16.16 crore for the quarter ended December 31, 2021.
New Delhi, Feb 14 (PTI) IL&FS Engineering and Construction Company Ltd on Monday reported widening of its net loss to Rs 16.16 crore for the quarter ended December 31, 2021.
The company had posted a net loss of Rs 13.17 crore in the corresponding quarter of the previous fiscal, IL&FS Engineering and Construction said in a filing to the BSE.
Also Read | Infinix Zero 5G Debuts in India at Rs 19,999; Check Details Here.
This consolidated net loss is "after exceptional items and tax".
Its consolidated income during October-December 2021 dropped to Rs 51.96 crore, compared with Rs 80.83 crore in the year-ago period, the filing said.
Also Read | RBI Recruitment 2022: Apply for 950 Assistant Posts on rbi.org.in; Check Details Here.
The company's business activity falls within a single business segment i.e. construction and infrastructure development. HRS hrs
(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)