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DB Corp reports consolidated net loss of Rs 48 crore in Q1

14 Aug 2020 Evaluate

DB Corp has reported results for the first quarter ended June 30, 2020.

The company has reported net loss of Rs 48.06 crore for the quarter under review against net profit of Rs 93.73 crore for the same quarter in the previous year. Total income of the company decreased by 64.71% at Rs 215.68 crore for Q1FY21 as compared Rs 611.15 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributed to owners of Rs 48.05 crore for the quarter under review against net profit of Rs 93.73 crore for the same quarter in the previous year. Total income of the company decreased by 64.71% at Rs 215.69 crore for Q1FY21 as compared Rs 611.16 crore for the corresponding quarter previous year.

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