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CG Power widens loss in Q3 at Rs 150 cr for FY19


Devdiscourse News Desk new delhi India
Updated: 13-02-2019 15:19 IST
CG Power widens loss in Q3 at Rs 150 cr for FY19

During the April-December period, the company's consolidated net loss narrowed to Rs 262.13 crore from Rs 584.08 crore in the year-ago period. Image Credit: Pixabay

CG Power and Industrial Solutions on Wednesday said its consolidated net loss has widened to Rs 150.18 crore for the December 2018 quarter. The company had posted a consolidated net loss of Rs 28.23 crore in the year-ago period, it said in a BSE filing.

However, total income rose to Rs 1,730.99 crore from Rs 1,536.89 crore during the corresponding quarter of 2017-18. During the April-December period, the company's consolidated net loss narrowed to Rs 262.13 crore from Rs 584.08 crore in the year-ago period.

Total income during the nine-month period stood at Rs 4,883.86 crore as against Rs 4,568.77 crore in the last financial year.

(With inputs from agencies.)

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COUNTRY : India

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