IL&FS Engineering's net loss narrows to just Rs 13 cr for Q1FY21

New Delhi: IL&FS Engineering And Construction Company Ltd’s consolidated net loss narrowed to just Rs 13 crore for the fourth quarter of the last fiscal as compared to a net loss of Rs 127 crore in the corresponding quarter of the previous fiscal. 

The company’s consolidated revenues from operations fell 7 percent to Rs 176 crore for the fourth quarter of the last fiscal as compared to Rs 190 crore in the corresponding quarter of the previous fiscal. 

Company’s consolidated net loss for the entire fiscal 2019-20 narrowed sharply to Rs 405 crore as compared to Rs 2,042 crore in the whole of previous fiscal.     

Company’s consolidated revenues from operations for the entire fiscal 2019-20 fell to Rs 562 crore as compared to 1,239 crore in the whole of previous fiscal, , the company said in a regulatory filing.

 

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