Peninsula Land reports net loss of Rs 202.58 crore in Q4 net profit

Peninsula Land has reported results for the fourth quarter and year ended March 31, 2018.  

The company has reported a net loss of Rs 202.58 crore for the quarter ended March 31, 2018 as compared to a net loss of Rs 114.75 crore for the same quarter in the previous year. Total income of the company has decreased by 43.96% at Rs 142.89 crore for quarter under review as compared to Rs 254.97 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a net loss of Rs 327.33 crore as compared to a net loss of Rs 143.10 crore for the same period in the previous year. However, total income of company increased 48.35% at Rs 673.36 crore for year under review as compared to Rs 453.89 crore for the period ended March 31, 2017.