Ramky Infrastructures suffers net loss of Rs 175.8 cr for Q4FY20

New Delhi: Ramky Infrastructures Ltd’s consolidated net loss stood at Rs 175.8 crore in the fourth quarter of the fiscal 2019-20 as compared to net profit of Rs 14.3 crore in the corresponding quarter of the previous fiscal. 

Company’s consolidated revenues from operation nosedived about 66 percent to Rs 316 crore in the fourth quarter of the fiscal 2019-20 as compared to Rs 935 crore in the corresponding quarter of the previous fiscal. 

For the entire fiscal 2019-20, the consolidated net loss of the company stood at Rs 266 crore as compared to Rs 4 lakh in the previous fiscal. 

For the entire fiscal 2019-20, the consolidated revenues from operations of the company fell to Rs 1,387 crore as compared to Rs 1,748 crore in the previous fiscal, the company said in a regulatory filing. 

 

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