JMC Projects suffers net loss of Rs 52 cr for Q1FY21

New Delhi: JMC Projects Ltd suffered consolidated net loss of Rs 52 crore for the first quarter of the current fiscal as compared to a net profit of Rs 20 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations fell 47 percent to Rs 498 crore for the first quarter of the current fiscal as compared to Rs 946 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 556 crore for the first quarter of the current fiscal as compared to Rs 914 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

menu
menu