Reliance Infra net loss narrows to ₹ 47 crore in March quarter - News Summed Up

Reliance Infra net loss narrows to ₹ 47 crore in March quarter


Reliance Infrastructure Ltd on Friday reported narrowing of consolidated net loss at ₹46.53 crore for the quarter ended March 31, 2021. The company had reported a consolidated net loss of ₹153.84 crore in the year-ago period, it said in a filing to the BSE. The company's consolidated income during the January-March quarter increased to ₹4,610.72 crore over ₹4,012.87 crore in the year-ago period, the filing said. In FY'21, the standalone debt reduced by 33 per cent to ₹3,808 crore vis-a-vis ₹5,701 crore in FY'20, the statement said. Reliance Infra is a leading player in providing engineering and construction services for developing power, infrastructure, metro and road projects.


Source: Mint May 28, 2021 13:52 UTC



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