Reliance Infrastructure suffers net loss of Rs 290 cr for Q1FY21

New Delhi: Anil Ambani-led Reliance Infrastructure Ltd suffered a consolidated net loss of Rs 290 crore for the first quarter of the current fiscal as against a net profit of Rs 319 crore in the corresponding quarter of the previous fiscal.

The consolidated revenue from operations of the company fell 35 percent to Rs 3,533 crore for the first quarter of the current fiscal as compared to Rs 5,466 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing.

The consolidated total expenses of the company fell to Rs 4748 crore for the first quarter of the current fiscal as compared to Rs 5,766 crore in the corresponding quarter of the previous fiscal.

 

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