Reliance Defence Q2 net loss narrows to Rs 116 crore

The company had posted a net loss of Rs 170.4 crore in the July-September period of the previous fiscal, Reliance Defence and Engineering said in a filing to BSE.

Reliance Defence Q2 net loss narrows to Rs 116 crore
NEW DELHI: Reliance Defence and Engineering Ltd's standalone net loss narrowed to Rs 116.2 crore for the quarter ended September 30.

The company had posted a net loss of Rs 170.4 crore in the July-September period of the previous fiscal, Reliance Defence and Engineering said in a filing to BSE.

The total income from operations of the company increased to Rs 98.65 crore, over Rs 56.72 crore in the year-ago period.

Total expenses increased to Rs 138.1 crore, over Rs 118.2 crore in the corresponding quarter of previous fiscal.

"The company is engaged in the business of ship-building and repairs. As such, there are no separate reportable segments," it said.
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