Lanco Infra Q4 net loss inches up to Rs 586 cr

Lanco Infratech recorded a consolidated net loss of Rs 586.29 crore for the March quarter of 2014-15, slightly higher than Rs 584.29 crore a year ago.
Total income rose to Rs 2,224.27 crore during the quarter under review compared with Rs 2,743.80 crore a year earlier, the company said in a statement.
For the full 2014-15, its consolidated net loss stood at Rs 2,036.74 crore as against Rs 2,273. 88 crore in the previous fiscal.
Total full-year income of the company came in at Rs 9,371.91 crore, down from Rs 10,430.03 crore in 2013-14.
The stock closed 2.26 per cent up at Rs 4.98 on BSE on Friday.

An integrated infrastructure developer, Lanco Infratech is present in sectors like engineering, procurement and construction (EPC), power, natural resources, solar and infrastructure.