Brahmaputra Infrastructure Ltd’s suffers consolidated net loss of Rs 1.90 cr for Q3FY20

New Delhi: Brahmaputra Infrastructure Ltd’s consolidated net loss for the third quarter of 2019-20 fiscal stood at Rs 1.90 crore as compared to a net profit of Rs 4.32 crore in the corresponding period of 2017-18 fiscal. 

The consolidated revenue from operations dropped by about 60 percent to Rs 30.46 crore in the fourth quarter of 2018-19 fiscal as compared to Rs 65 crore in the corresponding period of the previous fiscal.

For the nine months period ended 31 December 2019, the consolidated net loss of the company dropped to just Rs 1.18 crore as compared to Rs 7.96 crore in the corresponding period of the previous fiscal. For the nine months period ended 31 December 2019, the consolidated revenue from operations dropped to just 115.21 crore as compared to Rs 169.69 crore, the company said in a regulatory filing.

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