Ramky Infra’s Q3 loss narrows to Rs 12.35 crore

Ramky Infrastructure's net loss has narrowed down substantially to Rs 12.35 crore in the quarter ended December 31 due to high income and lower finance cost.

Written by PTI

February 14, 2016 16:18 IST

Ramky Infrastructure’s net loss has narrowed down substantially to Rs 12.35 crore in the quarter ended December 31 due to high income and lower finance cost.

The company had posted a net loss of Rs 133.09 crore in the year-ago period.

Its total income rose to Rs 349.49 crore in third quarter from Rs 304.56 crore in same period of the last fiscal, the company said in a regulatory filing today.

During the quarter, finance cost of the company also came down to Rs 52.85 crore from Rs 74.44 crore in the period under review, it said.

Hyderabad-based Ramky Infrastructure is an integrated construction, infrastructure development and management company.

This article was first uploaded on February fourteen, twenty sixteen, at eighteen minutes past four in the afternoon.