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Schneider Electric Infra reports Q3 net loss at Rs 7.3 cr

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Press Trust of India New Delhi
Schneider Electric Infrastructure today reported net loss at Rs 7.3 crore for the quarter ended December 2017.

The company had earned a net profit of Rs 6.55 crore in the quarter ended December 2016, Schneider Electric Infrastructure said in a BSE filing today.

According to the statement, the company's total income was Rs 479.12 crore in the quarter compared to Rs 475.05 crore a year ago.

During April-December this fiscal, the company reported net loss of Rs 41.71 crore compared to Rs 18.60 crore in the same period a year ago.

The company's income during the nine-month period was Rs 1,071.98 crore compared to Rs 1,076.93 crore in the same period a year ago.
 

The company has provided for Rs 36.53 crore as doubtful trade receivables in the quarter ended December 2017 under other expenses head.

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First Published: Feb 13 2018 | 8:30 PM IST

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