Infrastructure major IVRCL today posted a net loss of Rs 68.13 crore for the third quarter ended December, 2012.
The company had posted a net profit of Rs 6.78 crore in the corresponding period of the previous fiscal.
The company had posted a net profit of Rs 6.78 crore in the corresponding period of the previous fiscal.
Net sales of the company rose by 5.41 per cent to Rs 1,247.19 crore during the reported quarter against Rs 1,183.17 crore in the corresponding quarter of the previous fiscal.
Total expenditure increased to Rs 1,223.85 crore during the October-December 2012 period as against Rs 1,130.95 in the corresponding period of the previous fiscal.
Shares of the company closed at Rs 29.40 apiece, down 3.29 per cent from the previous close on the BSE.