IL&FS Transportation Networks has reported results for first quarter ended June 30, 2015.
The company has reported 81.04% fall in its net profit at Rs 35.76 crore for the quarter ended June 30, 2015 as compared to Rs 188.57 crore for the same quarter in the previous year. However, the company’s total income has increased by 7.38% to Rs 1071.67 crore for the quarter under review from Rs 998.03 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 97.89% fall in its net profit after taxes, minority interest and share of profit of associates of Rs 2.9 crore for the quarter ended June 30, 2015 as compared to Rs 137.75 crore for the same quarter in the previous year. However, total income of the company has increased by 5.44% at Rs 1737.69 crore for quarter under review as compared to Rs 1648.02 crore for the quarter ended June 30, 2014.
