RInfra net loss at Rs 288 cr in June qtr, income declines to Rs 4,453 cr
Reliance Infrastructure (RInfra) on Thursday reported a consolidated net loss of Rs 288.41 crore for the quarter ended June 30.
The company had clocked a consolidated net profit of Rs 299 crore in the corresponding quarter of the previous fiscal, the company said in a statement.
Its total consolidated income during the quarter under review declined to Rs 4,453 crore as against Rs 6,080 crore in the corresponding quarter a year ago.
The company said it has assets of over Rs 66,800 crore and net worth of Rs 9,500 crore.
“The company has Rs 60,000 crore of receivables pending for as many as 5-10 years before various forums including regulatory and arbitrary tribunal,” it said, adding it continues to provide essential services and diligently work towards achieving milestone even in current Covid-19 scenario.
