Gammon India net loss narrows to Rs 135 cr in March qtr
Total expenses declined to Rs 253.92 crore from Rs 445.43 crore in the year-ago period. For the full fiscal (2019-20), the company saw its consolidated net loss narrowing to Rs 630.79 crore. It had reported a consolidated net loss of Rs 1,296.44 crore in FY 2018-19..
- Country:
- India
Gammon India on Friday reported narrowing of its consolidated loss to Rs 134.96 crore for the quarter ended March 2020. The company had a consolidated net loss of Rs 526.33 crore for the corresponding quarter of the previous fiscal, it said in a regulatory filing.
Its total consolidated income during the quarter under review declined to Rs 115.50 crore as against Rs 218.68 crore in the year-ago period. Total expenses declined to Rs 253.92 crore from Rs 445.43 crore in the year-ago period.
For the full fiscal (2019-20), the company saw its consolidated net loss narrowing to Rs 630.79 crore. It had reported a consolidated net loss of Rs 1,296.44 crore in FY 2018-19..
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