Comments
IVRCL Limited has posted a loss of Rs 155.08 crore for the fourth quarter ended March 31 as against a loss of Rs 328.11 crore for the corresponding quarter last year.
The Hyderabad-based infrastructure company has registered total income of Rs 1027.54 crore for the fourth quarter as against Rs 1217.12 crore for the corresponding period last year.
The company had to contend with the finance cost of Rs 154.93 crore for the quarter as against Rs 143.78 crore.
For the year ended March 31, 2015, IVRCL posted a loss of Rs 672 crore and a total income of Rs 3117.42 crore as against a loss of Rs 716.27 crore and a total income of Rs 4304.80 crore for the previous financial year on a standalone basis.
On a consolidated basis, the company posted a loss of Rs 1556.53 crore and income of Rs 3819.53 crore for the period ended March 31, 2015 as a against a loss of Rs 882.27 crore and a turnover of Rs 4944.70 crore for the previous financial year on a consolidated basis.
The company stated that its current order book was at Rs 19,244 crore, including the orders in which the company has been declared the lowest bidder (L1).
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.