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Lanco Infratech reports consolidated net loss of Rs 464.64 crore in Q3

13 Feb 2013 Evaluate

Lanco Infratech has reported results for third quarter ended December 31, 2012.

The company has reported net loss of Rs 89.24 crore for the quarter as compared to a net profit of Rs 24.70 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 66.19% at Rs 867.64 crore for quarter under review as compared to Rs 2566.14 crore for the quarter ended December 31, 2011

On consolidated basis, the company has reported net loss of Rs 464.64 crore for the quarter as compared to a net profit of Rs 60.92 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 15.48% at Rs 3526.44 crore for quarter under review as compared to Rs 3053.67 crore for the quarter ended December 31, 2011.

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