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Valecha Engineering reports net loss of Rs 15.98 in Q3

20 Feb 2019 Evaluate

Valecha Engineering has reported results for third quarter ended December 31, 2018.

The company has reported a net loss of Rs 15.98 crore for the quarter as compared to net loss of Rs 13.19 crore for the same quarter in the previous year. However, total income of the company increased by 35.72% at Rs 60.57 crore for Q3FY19 as compared Rs 44.63 crore for the corresponding quarter previous year.

Valecha Engineering is engaged in the construction of major infrastructure and engineering projects such as irrigation dams, reservoirs and canals, roads, highways and expressways, bridges and tunnels, railways, airports and foundation and piling works.

Peers
Company Name CMP
Larsen & Toubro 3953.90
Rail Vikas Nigam 272.00
NCC 151.85
KEC International 563.95
Kalpataru Projects 1171.40
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