Latest News | ILFS Engineering Loss Narrows to Rs 14 Cr in Q4FY20
Get latest articles and stories on Latest News at LatestLY. ILFS Engineering & Construction Company on Thursday reported narrowing of consolidated loss to Rs 13.58 crore for the quarter ended March 31, 2020.
New Delhi, Sep 3 (PTI) ILFS Engineering & Construction Company on Thursday reported narrowing of consolidated loss to Rs 13.58 crore for the quarter ended March 31, 2020.
The company incurred a loss of Rs 127.17 crore in January-March period of 2018-19, it said in a filing to BSE.
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Total income remained almost flat at Rs 190.44 crore in the quarter under review as against Rs 191.34 crore in the year-ago period.
Total expenditure fell to Rs 188.66 crore from Rs 308.53 crore in March quarter 2018-19.
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In 2019-20, the company's loss narrowed to Rs 405.06 crore as against Rs 2,042.78 crore a year ago.
(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)