BSEL Infrastructure Realty Ltd’s net loss narrowed sharply to just of Rs 10 lakh for Q4FY20

New Delhi: BSEL Infrastructure Realty Ltd’s consolidated net loss narrowed sharply to just of Rs 10 lakh for the fourth quarter of the fiscal 2019-20 as compared to a net loss of Rs 17.42 crore in the corresponding quarter of the previous fiscal.

The company’s reported NIL consolidated revenues from operations for the fourth quarter of the fiscal 2019-20 as compared to Rs 4.49 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated net loss narrowed to Rs 6.52 crore for the entire fiscal 2019-20 as compared to a net loss of Rs 20.19 crore in the previous fiscal.

The company’s consolidated revenues from operations nosedived to Rs 3 lakh for the entire fiscal 2019-20 as compared to Rs 5.2 crore in the previous fiscal.

The consolidated total expenses of the company fell to just Rs 15 lakh in the fourth quarter of the 2019-20 fiscal as compared to Rs 20 crore in the corresponding quarter of the previous fiscal. The total expenses of the company declined to Rs 2.22 crore in the 2019-20 fiscal as compared to Rs 21.78 crore in the previous fiscal, the company said in a regulatory filing.

 

menu
menu