JITF Infralogistics Ltd net loss more than doubles to Rs 46 cr for Q1FY21

New Delhi: Jindal Group company JITF Infralogistics Ltd’s consolidated net loss more than doubled to Rs 46 crore for the first quarter of the current fiscal as compared to Rs 19 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations fell 61 percent to Rs 81 crore for the first quarter of the current fiscal as compared to Rs 208 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 134 crore for the first quarter of the current fiscal as compared to Rs 226 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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