Pawan Hans narrows FY20 loss to Rs 28 cr; revenue declines for fourth year in a row
Mumbai: State-run helicopter operator Pawan Hans narrowed its loss after tax to Rs 28.08 crore in FY20 from Rs 69.20 crore a year earlier, because of lower costs.
Revenue for the year decreased to Rs 356 crore from Rs 381 crore a year earlier, showed the information memorandum document floated by the government to invite expressions of interest to invest in the company.
