IVRCL July-Sept quarter net loss widens to Rs 187.5 crore

Infrastructure major IVRCL today reported widening of its net loss at Rs 187.55 crore for the quarter ended September 30, 2014.

IVRCL July-Sept quarter net loss widens to Rs 187.5 crore
NEW DELHI: Infrastructure major IVRCL today reported widening of its net loss at Rs 187.55 crore for the quarter ended September 30, 2014.

The company's net loss in the same quarter of the last fiscal was Rs 122.49 crore, IVRCL said in a filing to the BSE.

The total income from operations of the company came down to Rs 611.49 crore as against Rs 1,124.68 crore in the corresponding quarter of the previous fiscal, the company said.

The total expenses of IVRCL declined to Rs 685.17 crore over 1,100.18 crore in the same quarter of FY14, it added.

The shares of the company closed at Rs 18.25 a piece on BSE, down 2.41 per cent from the previous close.
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