Q4FY17 Results: Reliance Infrastructure Ltd.
Rohan Takalkar / 17 Apr 2017
Reliance Infrastructure Ltd., reported its results for the quarter ended March 31, 2017 on Saturday. The consolidated numbers were largely subdued for the quarter.
Reliance Infrastructure Ltd, reported its results for the quarter ended March 31, 2017 on Saturday. The consolidated numbers were largely subdued for the quarter.
Total sales for this quarter, Q4FY17, came in at Rs 5063 crore. This represents a 11.53 per cent sequential decline and 12.62 per cent YoY decline.
Operating loss (EBIT) for the recently concluded quarter amounted to Rs 1413 crore.
In terms of the bottom-line, net loss for the quarter narrowed down to Rs 10 crore vs net loss of Rs 40.5 crore in previous quarter.
The company's stock is currently trading up by 0.9 per cent at Rs 561.9 at 11:13 hours on BSE today.
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