Reliance Infrastructure Q3 net loss widens to ₹3,298.35 crore
The Hindu
Reliance Infrastructure Ltd reports increased net loss in December quarter, despite rise in total income.
Reliance Infrastructure Ltd has reported widening of consolidated net loss to ₹3,298.35 crore in the December quarter.
It had clocked a net loss of ₹421.17 crore in the year-ago period, the company said in an exchange filing.
The company's total income, however, rose to ₹5,129.07 crore from ₹4,717.09 crore in the same period a year ago.
Its expenses declined to ₹4,963.23 crore from ₹5,068.71 crore in the third quarter of the previous fiscal.
Reliance Infrastructure is engaged in the business of providing engineering and construction services for power, roads, metro rail, and other infrastructure sectors.
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