Capacite Infraprojects suffers net loss of Rs 43 cr for Q1FY21

New Delhi: Capacite Infraprojects Ltd suffered a consolidated net loss of Rs 43 crore for the first quarter of the current fiscal as compared to a net profit of Rs 23 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations tanked 94 percent to Rs 23 crore for the first quarter of the current fiscal as compared to Rs 411 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 83 crore for the first quarter of the current fiscal as compared to Rs 381 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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