{"id":369650,"date":"2020-08-25T08:27:23","date_gmt":"2020-08-25T02:57:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=369650"},"modified":"2020-08-25T09:11:48","modified_gmt":"2020-08-25T03:41:48","slug":"irb-infrastructure-posts-consolidated-net-loss-of-rs-30-13-cr-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-infrastructure-posts-consolidated-net-loss-of-rs-30-13-cr-in-q1\/","title":{"rendered":"IRB Infrastructure posts consolidated net loss of Rs 30.13 cr in Q1"},"content":{"rendered":"<p>Highways developer IRB Infrastructure Developers Ltd (IRB) on Monday reported a consolidated net loss of Rs 30.13 crore for the quarter ended June 30, 2020 amid the COVID-19 pandemic. <\/p>\n<p>The company had clocked a consolidated profit of Rs 206.62 crore in the corresponding quarter of previous fiscal, it said in a regulatory filing to the BSE. <\/p>\n<p>Total consolidated income during the quarter under review declined to Rs 1,073.46 crore as against Rs 1,821.12 crore in the year-ago period. <\/p>\n<p>Total expenditure declined to Rs 994.66 crore during the quarter under review as against Rs 1,433.95 crore in the year-ago period. <\/p>\n<p>The company, in a statement, said toll collection across all projects recovered to the extent of 75 per cent year-on-year (YoY) in June 2020 and continues to improve further, and normalcy for collections as well as construction segment is expected over the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highways developer IRB Infrastructure Developers Ltd (IRB) on Monday reported a consolidated net loss of Rs 30.13 crore for the quarter ended June 30, 2020 amid the COVID-19 pandemic. The company had clocked a consolidated profit of Rs 206.62 crore in the corresponding quarter of previous fiscal, it said in a regulatory filing to the BSE. Total consolidated income during the quarter under review declined to Rs 1,073.46 crore as against Rs 1,821.12 crore in the year-ago period. Total expenditure declined to Rs 994.66 crore during the quarter under review as against Rs 1,433.95 crore in the year-ago period. The [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-369650","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=369650"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369650\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=369650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=369650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=369650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}