MRPL’s consolidated net loss widens to Rs 1,011 crore in Q2

05 Nov 2019 Evaluate

MRPL has reported results for second quarter ended September 30, 2019.

The company has reported a net loss of Rs 574.45 crore for the quarter under review as compared to net loss of Rs 81.16 crore for the same quarter in the previous year. Total income of the company decreased by 14.01% at Rs 15,281.12 crore for Q2FY20 as compared Rs 17,771.03 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 1,011.27 crore for the quarter under review as compared to net loss of Rs 191.49 crore for the same quarter in the previous year. Total income of the company decreased by 16.62% at Rs 15,063.84 crore for Q2FY20 as compared Rs 18,066.05 crore for the corresponding quarter previous year.

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