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Reliance Naval & Engineering reports consolidated net loss of Rs 425.73 crore in the December 2019 quarter

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Capital Market

Sales decline 78.08% to Rs 11.34 crore

Net Loss of Reliance Naval & Engineering reported to Rs 425.73 crore in the quarter ended December 2019 as against net loss of Rs 390.20 crore during the previous quarter ended December 2018. Sales declined 78.08% to Rs 11.34 crore in the quarter ended December 2019 as against Rs 51.74 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales11.3451.74 -78 OPM %-444.441.24 -PBDT-406.30-336.33 -21 PBT-425.71-390.20 -9 NP-425.73-390.20 -9

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First Published: Mar 09 2020 | 3:07 PM IST

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