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