Reliance Infrastructure Q3 Net Loss Widens to Rs 3,298.35 Crore

Feb 15, 2025 12:42

Reliance Infrastructure Ltd reported a widening consolidated net loss of Rs 3,298.35 crore in Q3 FY23, compared to Rs 421.17 crore in the same period last year.

New Delhi, Feb 15 (PTI) Reliance Infrastructure Ltd has reported widening of consolidated net loss to Rs 3,298.35 crore in the December quarter.

It had clocked a net loss of Rs 421.17 crore in the year-ago period, the company said in an exchange filing.

The company's total income, however, rose to Rs 5,129.07 crore from Rs 4,717.09 crore in the same period a year ago.

Its expenses declined to Rs 4,963.23 crore from Rs 5,068.71 crore in the third quarter of the previous fiscal.

Reliance Infrastructure is engaged in the business of providing engineering and construction services for power, roads, metro rail, and other infrastructure sectors.

Source: PTI

MORE NEWS

Unilever: India Growth & GST Impact

Unilever sees huge opportunities in India due to high GDP growth and GST cuts. HUL...

Trai Recommends 6 GHz, E, V Band Allocation

Trai suggests administrative allocation of 6 GHz, E, and V bands for telecom backhaul....

TotalEnergies Sells Stake in Adani Green Energy

TotalEnergies sells 1.74% stake in Adani Green Energy for Rs 2,778 cr. Stake reduced to...

TCS Acquires Coastal Cloud for $700 Million

TCS acquires Coastal Cloud for USD 700 million, strengthening its Salesforce and AI...

JSW Paints Acquires AkzoNobel India Stake

JSW Paints completes acquisition of majority stake in AkzoNobel India, becoming the...

Park Medi World IPO Subscribed 52% on Day 1

Park Medi World''s IPO received 52% subscription on day 1. The Rs 920-crore IPO closes...

Dasnac Invests Rs 2,000 Cr in Noida Luxury Housing

Dasnac to invest Rs 2,000 crore in a luxury housing project, Dasnac Westminster, in...

Nephrocare IPO Subscribed 12% on Day 1

Nephrocare Health Services IPO received 12% subscription on day 1. IPO details, price...

Wakefit IPO Subscribed Over 2 Times

Wakefit''s Rs 1,289-cr IPO was subscribed over 2 times on the final day. Details on...

IAN Group to Deploy USD 100M Alpha Fund by 2027

IAN Group to deploy its USD 100 million IAN Alpha Fund in early-stage startups by 2027....

Reliance Infrastructure Q3 Net Loss Widens to Rs 3,298.35 Crore

You May Like To Read

MORE NEWS