Gayatri Projects Ltd suffers net loss of Rs 13 cr for Q1FY21

New Delhi: Hyderabad-based Gayatri Projects Ltd suffered a consolidated net loss of Rs 13 crore in the first quarter of the ongoing fiscal as compared to a net profit of Rs 48 crore in the corresponding quarter of the previous fiscal.

The consolidated profit before tax (negative) stood at Rs 15 crore (loss) in the first quarter of the ongoing fiscal as compared to a profit of Rs 64 crore in the corresponding quarter of the previous fiscal.

The consolidated revenue from operations declined 32 percent to Rs 667 crore in the first quarter of the ongoing fiscal as compared to Rs 984 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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