Tivoli Constructions Ltd suffers net loss of Rs 0.54 lakh for Q4FY20

New Delhi: Mumbai-based Tivoli Constructions Ltd suffered consolidated net loss of Rs 0.54 lakh for the fourth quarter of the fiscal 2019-20 as compared net profit of Rs 0.91 lakh in the corresponding quarter of the previous fiscal.

The company’s consolidated net profit nosedived over 90 percent to Rs 0.38 lakh for the entire fiscal 2019-20 as compared to Rs 4.68 lakh in the previous fiscal. 

The consolidated total expenses of the company fell to Rs 1.93 lakh in the fourth quarter of the 2019-20 fiscal as compared to Rs 2.02 lakh in the corresponding quarter of the previous fiscal. The total expenses of the company jumped to Rs 11.66 lakh in the 2019-20 fiscal as compared to Rs 7.12 lakh in the previous fiscal, the company said in a regulatory filing.

 

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