IL&FS Transportation reports over 76 per cent QoQ decline in PAT
Shital Jibhe / 08 Aug 2017
IL&FS Transportation Ltd. reported its results for the quarter ended June 30, 2017 today. The company's total sales for Q1FY18 came in at Rs 749.18 crore, which represents a 24.76 per cent sequential decline and 27.91 per cent YoY decline.
IL&FS Transportation Networks Ltd. reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 749.18 crore, which represents a 24.76 per cent sequential decline and 27.91 per cent YoY decline.
Its operating profit (EBIT) for the quarter amounted to Rs 209.88 crore and its EBIT margin stood at 28.01 per cent.
The company reported PAT of Rs 24.78 crore, which represents a sequential QoQ decline of 76.58 per cent and a YoY increase of 38.67 per cent.
IL&FS Transportation Networks operates in developing, designing, operating, maintaining and facilitating surface transportation infrastructure projects across India and overseas, taking projects from conceptualisation through commissioning to operations and maintenance under public-private partnership on build-operate-transfer (BOT) basis.
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