IL&FS Transportation Networks has reported results for first quarter ended June 30, 2016.
The company has reported a net profit of Rs 17.87 crore for the quarter ended June 30, 2016 as compared to a net loss of Rs 18.64 crore for the same quarter in the previous year. The company’s total income increased by 16.41% to Rs 1281.56 crore for the quarter under review from Rs 1100.86 crore for the corresponding quarter of the previous year.
IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private partnership on build-operate-transfer (BOT) basis.
